Apple will announce its fiscal results for the second fiscal quarter (calendar 1st quarter) of 2017 on Tuesday, May 2. The announcement comes via an update to the Cupertino firm’s investor relations page.
May’s report will offer up a look at Apple’s sales following its record earnings results for the first fiscal quarter of 2017. The company posted all-time record quarterly revenue of $78.4 billion for a $17.89 billion profit and all-time record quarterly earnings per diluted share of $3.36. Those results compared to revenue of $75.9 billion and earnings per diluted share of $3.28 in the year-ago quarter.
The Q2 2017 results will offer a look at sales of the iPhone 7 and iPhone 7 Plus, and also the MacBook Pro, which was released in October 2016.
In January, Apple provided the following guidance for its fiscal 2017 second quarter:
- Revenue between $51.5 billion and $53.5 billion
- Gross margin between 38% and 39%
- Operating expenses between $6.5 billion and $6.6 billion
- Other income/(expense) of $400 million
- Tax rate of 26%
The fiscal Q2 2017 earnings statement will be released at 1:30 PM Pacific/4:30 PM Eastern, a conference call to discuss the reports will take place at 2:00 PM Pacific/5:00 PM Eastern. MacTrast will provide coverage of the report on May 2.
