Apple recently confirmed that the company will announce results for the fourth quarter of fiscal year 2023 (third calendar quarter) on November 2. The announcement comes a few weeks after the company unveiled the new iPhone 15 and the Apple Watch Series 9 and Ultra 2.
The fourth quarter is traditionally a slow quarter for Apple as consumers wait for a new iPhone. However, new Macs were introduced in June, the M2 Max and M2 Ultra, which could boost Mac sales. The fourth quarter earnings report and conference call will take place on November 2, according to Apple's investor website. read The report will be released after the market closes and the conference call is scheduled for half an hour later, as expected.
Q4/2023: Can Apple convince?
Apple CEO Tim Cook and CFO Luca Maestri are expected to comment on the report during the conference call. They will also answer questions from reporters but, as usual, will not provide details on yet-to-be-released products. Although the iPhone 15 and Apple Watch Series 9 were announced during the quarter, they had little time to have a significant impact on earnings after their launch in mid-September. Slowing demand for smartphones and global economic headwinds are likely to continue to weigh on Apple's earnings. (Photo by Phongphan / Bigstockphoto)
