Apple announces fourth quarter profit for October 30

Subscribe to YouTube Channel

Apple has updated its investor relations page to announce that it will present its fourth-quarter financial results (third calendar quarter) for 2019 on Wednesday, October 30th.

The earnings results will give some idea of ​​how well the iPhone 11, iPhone 11 Pro and iPhone 11 Max did in the first week of availability, although Apple no longer restricts sales of iPhone devices, so specific data will not be available.

Apple's guidance for the fourth quarter of fiscal year 2019 includes expected revenue of $ 61 to 64 billion and gross margin of 37.5 to 38.5 percent. If at the higher end of the range, Apple’s revenue will exceed $ 62.9 billion in 4Q 2018.

Results for the fourth quarter will allow us to better understand how the latest iPhone companies are sold.

Author Blog

Leave a Reply

Your email address will not be published.