Apple has simply introduced that it’s going to launch its earnings report for the third quarter of fiscal 2022 on Thursday, July 28. As traditional, the corporate will launch its Q3 2022 earnings report, then maintain a convention name with traders and analysts to supply extra element.
Apple’s Q3 2022 covers the months of April, Could, and June. Final quarter, Apple reported $97.3 billion of income – a rise of 9% yr over yr. The corporate additionally reported a revenue of $25 billion and earnings per share of $1.52. Apart from the iPad, which had gross sales considerably impacted resulting from provide constraints, all of Apple’s different segments grew in comparison with final yr.
Except for provide chain points, there have additionally been exterior components that had an affect on Apple’s gross sales. When warfare broke out in Europe, Apple halted its gross sales in Russia.
Essentially the most notable classes in Apple’s fiscal Q2 2022 have been Mac merchandise with income of $10.43 billion (up 14.3%) and Companies with $19.82 billion (up 17.2%). In fact, iPhone remained Apple’s flagship product with a income of $50.57 billion final quarter.
As soon as once more, Apple didn’t present official steering for Q3 2022 resulting from uncertainty attributable to manufacturing disruptions and the COVID-19 pandemic.
The decision will likely be held at 2:00 p.m. PDT/5:00 p.m. EDT with Apple releasing its full earnings report half-hour earlier than that. The decision will embody a question-and-answer part with Apple CEO Tim Prepare dinner and CFO Luca Maestri.
Extra particulars about Apple’s fiscal outcomes will be discovered on the firm’s official web site.
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