Apple has announced that its Q1, 2023 earnings report will be published on February 2 at 1:30 p.m. Pacific time and 4:30 p.m. Eastern time. On the same day, the company will host the earnings conference at 2:00 p.m. Pacific time and 5:00 p.m. Eastern time.
The tech giant’s fourth fiscal quarter ends in September of the previous year and its first quarter for next year ends in December of the previous year. Thus, the company’s first quarter for the new year is the fourth calendar quarter.
Apple Q1, 2023 earnings report to cover sales during the 2022 Holiday season
In 2022, the Cupertino tech giant did not host a November event for new Macs or other products as it had in 2020 and 2021. Therefore, the company’s upcoming earnings report for the first quarter of 2023 is going to include the sales of the latest iPhone 14 and iPhone 14 Pro, Apple Watch Ultra, Series 8, AirPods Pro 2, and other devices and services during the 2022 Holiday season from October till December.
Apple faced major supply constraints due to China’s zero-COVID policy during the last Holiday season. Its most-in-demand products, the iPhone 14 Pro and 14 Pro Max faced a significant reduction in shipments throughout the season which is likely to impact its sales revenue.
At the follow-up earnings conference, the company’s CEO Tim Cook, and CFO Luca Maestri are going to share insight into sales Q1, 2023 sales and may offer guidance for the upcoming quarter. In Q4, 2022 ending on September 24, the company reported $90.1 billion record revenue with 8 percent year-over-year growth. The new report will be published on its Newsroom and earnings call will be streamed at apple.com.
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