Apple has announced that the company will release its quarterly earnings call for the second fiscal quarter of 2021. The earnings call will be held on April 28, and is expected to take place at 2:00 PM PT (5:00 PM ET). Apple CEO Tim Cook and chief financial officer Luca Maestri are expected to detail the company’s health.
As legally required, Apple is to hold its quarterly investor conference call following the release of its Q2 earnings. This the regular timescale for the earnings call, and Apple has issued no guidance on what results to expect.
Earnings calls typically last for an hour, and consist of prepared remarks from Cook and Maestri, followed by analyst and investor questions.
During regular years, Q2 tends to be quieter than the previous quarter, as it follows the holiday sales that were listed in the Q1 call at the end of January, plus Apple has not released any new products.
Where Apple previously issued guidance to investors as to a range of earnings to expect, the coronavirus has caused it to revise earnings down in February 2020. Since then, the company has tended not to issue guidance figure. It’s also thought that the pandemic could impact the normally quieter Q2 figures given the late release of the iPhone 12, which is expected to have pushed manufacturing and sales further into the year than usual.
Stay tuned for additional details as they become available.
Via AppleInsider and investor.apple.com