Apple will publish its results for the second quarter of 2019 on April 30th – the company announced this on its own website.
Accordingly, the company will announce its second quarter figures on April 30th at 2pm PT / 5pm ET (11pm in this country). Apple announced its results for the first quarter of 2019 at the end of January and achieved sales of 84.3 billion US dollars - profits amounted to 19.97 billion US dollars. The company exceeded expectations with earnings of 4.18 US dollars per share. Analysts on average forecast 4.17 US dollars.
Originally, total revenue for the first quarter was expected to be between 89 and 93 billion US dollars. At the beginning of the year, Apple lowered its forecast to 84 billion US dollars. Analysts' expectations were originally around 91 billion US dollars. Apple CEO Tim Cook justified the correction with poor iPhone sales in China and other countries, among other things.
Conference Call
Apple has forecast sales of around 55-59 billion US dollars for the second quarter – last year it was 61 billion US dollars. It remains to be seen whether Apple can convince. The presentation will proceed as usual – first the figures will be published and half an hour later the Conference Call.
