Apple announced that its next quarterly earnings conference call will be held on Thursday, October 31 at 2 p.m. PT and 10 p.m. CST. This is the firm’s last fiscal quarter, which begins its fiscal year on October 1 of year N-1.
A highly anticipated result
During this conference, Tim Cook, CEO of Apple, and Luca Maestri, CFO, will discuss the company’s results for the fourth quarter of fiscal 2024. This will likely be Maestri’s last intervention during the presentation of the Apple’s results, as he will be replaced by Kevan Parekh on January 1, 2025. Maestri will, however, continue to oversee Apple’s corporate services teams.
The conference will be streamed live on Apple’s website and is expected to last approximately one hour. After that, we will publish a summary article with the potential announcements and especially the figures.
For the record, let us recall the new products launched in July, August and September 2024:
But what to expect from these results? Apple sounded confident during its last earnings conference call in August. The firm said it expects its fourth-quarter revenue to grow at a similar rate to the third quarter, which would mean year-over-year growth of around 5%. .
For the record, Apple reported sales of $89.5 billion during the previous quarter, we expect sales of around $94 billion, which would constitute a record for Apple during the fourth quarter.
To check the state of iPhone sales, with a disappointing iPhone 16 Pro in particular, you will have to wait three additional months, after the Christmas period.
