This article may contain affiliate links. Learn more on our Partner Program page.
On July 30, 2020, it will be that time again. On that day, Apple will open the books and present its third-quarter figures.
Apple today announced on its Investor Relations website announcedthat the quarterly results for the third fiscal quarter of 2020 will be announced on July 30th. This will provide a detailed explanation of how the company has performed during the COVID-19 pandemic. The announcement will take place at 11 p.m. in this country. Apple CEO Tim Cook and CFO Luca Maestri are expected to participate in a conference call with analysts, as always, to explain the company's financial results. Although Apple does not provide any specific sales figures, the results should still be interesting - especially in relation to the new iPhone SE.
Apple was convincing in the second quarter
In addition, questions regarding the switch to Apple Silicon could also be answered during the conference call. But now let's get to the numbers. The company was able to generate around 58.3 billion US dollars in sales in the second quarter. generate - a sum that far exceeded Wall Street estimates. Apple originally forecast sales of 63 to 67 billion US dollars. But the COVID-19 pandemic also damaged Apple's business, which is why a profit warning was issued beforehand. The Cupertino-based company did not issue a forecast for the third quarter - the reason for this is the ongoing COVID-19 crisis. (Photo by SergeyT / Bigstockphoto)
