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Quarterly figures 2019 – Apple opens the books on October 30th

by Milan
October 1, 2019
in News
Big Data Technology for Business Finance Analytical Concept. Modern graphic interface shows massive information of business sale report, profit chart and stock market trends analysis on screen monitor.

Big Data Technology for Business Finance Analytical Concept. Modern graphic interface shows massive information of business sale report, profit chart and stock market trends analysis on screen monitor.

Apple today launched its own Investor Relations Page updated and next quarterly conference announced.

Accordingly, the Cupertino-based company plans to announce its fourth-quarter results on October 30, 2019 at 2pm PT / 5pm ET (11pm in this country). Apple announced its results for the third quarter of 2019 at the end of July and achieved sales of 53.8 billion US dollars - profits amounted to 10.04 billion US dollars. The company exceeded expectations with earnings of 2.18 US dollars per share. Analysts were forecasting an average of 2.10 US dollars. During the conference, Apple forecast sales of around 61 - 64 billion US dollars for the fourth quarter - it remains to be seen whether the iPhone manufacturer can once again convince.

Conference Call

Since the fourth quarter only covers the first week of iPhone 11 sales, we won't see the full extent of the new iPhone generation until January.

However, no concrete sales figures are given. In addition to the results, a comment on the launch of the new iPhone is also expected. The presentation will proceed as usual – first the figures are published and half an hour later the Conference Call. (Photo by World Image / Bigstockphoto)

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