Apple will publish the earnings report for the second quarter of 2022 on April 28, 2022, which will be followed by a conference on the same day. The Q2 earnings report will cover sales projections for December 2021 till March 2022 period. On April 28, the statement will be released at 2:00 p.m. Pacific time and 5:00 p.m Eastern time. The subsequent conference to discuss the report will commence at 2:30 p.m. Pacific time and 5:30 p.m. Eastern time.
For Q1, 2022, Apple achieved another recorded quarter $123.9 billion in revenue and 11% growth Year-on-Year growth, a new all-time record. In spite of COVID-19 pandemic related production delays, supply constraints and global chip crisis, the tech giant had a remarkable Holiday quarter because of its strong lineup of new innovative products like iPhone 13 series, 2021 MacBook Pro models with M1 Pro and M1 Max chips, Apple Watch Series 7, AirPods (3rd generation), iPad mini (6th generation), iPad (9th generation), HomePod mini in new color options, Apple Music Voice Plan and more.
Apple’s upcoming Q2, 2022 earnings report will cover the sales of the new iPhone SE 3, iPad Air 5, Mac Studio, Studio Display, and other products
On March 8, the tech giant introduced the new iPhone SE (3rd generation), 10.9-inch iPad Air (5th generation), Mac Studio with M1 Ultra chip, and a 27-inch Studio Display. And the upcoming earnings report will depict the sales of the projections of the aforementioned products, along with other devices.
The series of new devices are packed with new features but have received mixed reviews; starting at $599, the iPad Air was called a powerful device but is hindered by iPadOS, Studio Display has great resolution but poor webcam, and Mac Studio is a powerhouse but its storage can not be upgraded. iPhone SE 3 was called a great budget iPhone but its older design did not impress much. Recently it was reported that Apple cut down its production by 20% due to weak demand.
Interested individuals will be able to review the Q2, 2022 earnings report on the company’s official Newsroom, and they can listen to the conference on Apple Events page on Apple or third-party devices.
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