Apple Anticipated to Announce File-Breaking March Quarter


Apple is ready to report monetary outcomes for the second quarter of the 2022 fiscal 12 months later at the moment, and Wall Road is anticipating record-breaking figures.

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On common, analysts forecast that Apple will set a brand new March quarter document for the corporate with income of $93.9 billion, in keeping with Yahoo Finance. This income progress is anticipated to return from the iPhone, Mac, Companies, and Wearables, whereas iPad income is anticipated to be comparatively flat, in keeping with estimates compiled by Philip Elmer-DeWitt.

Apple’s income over the past 5 March quarters:

  • 2022 (Estimated): $93.9 billion
  • 2021: $89.6 billion
  • 2020: $58.3 billion
  • 2019: $58.0 billion
  • 2018: $61.1 billion

Apple’s second quarter ran from December 26 via March 26, in keeping with the corporate’s fiscal calendar. Throughout this era, Apple launched its all-new Mac Studio desktop pc and Studio Show, the third-generation iPhone SE, the fifth-generation iPad Air, and new inexperienced shade choices for the iPhone 13 and iPhone 13 Professional.

Apple will report its earnings outcomes at 1:30 p.m. Pacific Time at the moment. Apple’s CEO Tim Prepare dinner and CFO Luca Maestri will talk about the outcomes on a convention name at 2 p.m. Pacific Time at the moment, and MacRumors may have dwell protection of the remarks.

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