Apple announced today that it will release its third quarter earnings on July 31st. That same day, it will hold an earnings call with investors at 2PM PT/5PM ET. The date was first reported by Bloomberg’s Mark Gurman.
As a refresher, Apple announced its Q2 earnings on May 1st. The company reported $61.1 billion in revenue and $13.8 billion in profit earned from selling 52.2 million iPhones, 9.1 million iPads, and 4.07 million Macs. Apple had offered revenue guidance between $60 billion and $62 billion.
Here is the guidance Apple is offering for its Q3 2018 earnings:
- Revenue between $51.5 billion and $53.5 billion
- Gross margin between 38 percent and 38.5 percent
- Operating expenses between $7.7 billion and $7.8 billion
- Other income/(expense) of $400 million
- Tax rate of approximately 14.5 percent
