Apple will report its earnings outcomes for the third quarter of its 2024 fiscal 12 months on Thursday, August 1 at 1:30 p.m. Pacific Time. Apple’s CEO Tim Cook dinner and CFO Luca Maestri will talk about the outcomes on a convention name with analysts a half hour later.


Preserve studying for some key issues to know concerning the quarter, together with a recap of recent merchandise introduced, income expectations, and extra.

New Merchandise Throughout Quarter

The quarter ran from March 31 by June 29, in response to Apple’s fiscal calendar. The next merchandise launched throughout this era:

  • 11-inch iPad Professional with M4 chip
  • 13-inch iPad Professional with M4 chip
  • 11-inch iPad Air with M2 chip
  • 13-inch iPad Air with M2 chip
  • Apple Pencil Professional
  • Imaginative and prescient Professional pre-orders in eight further international locations

Income Expectations

Apple has not supplied formal income steering since earlier than the COVID-19 pandemic, however the common Wall Avenue estimate for Apple’s third quarter income is $84.5 billion, in response to information compiled by Yahoo Finance. This could be round a 3% improve over the $81.8 billion income the corporate reported within the year-ago quarter.

This could be according to the outlook that Apple’s CFO supplied on final quarter’s earnings name:

We anticipate our June quarter whole firm income to develop low-single-digits year-over-year despite a international change headwind of about 2.5 proportion factors.

Convention Name

Cook dinner and Maestri will maintain a convention name at 2:00 p.m. Pacific Time on Thursday to debate the corporate’s quarterly earnings outcomes. The decision ought to final round one hour, and it’ll embody a Q&A phase with analysts.

A dwell audio stream of the convention name can be accessible on Apple’s Investor Relations web page, and a recording can be accessible later within the day for replay.

What’s Subsequent

Apple’s present quarter runs by September 28, and the corporate has but to announce any new merchandise throughout this era.

AAPL is buying and selling for round $223 as of writing, down from a 52-week excessive of $237.23.

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