The Cupertino-based company has just announced the date on which Tim Cook will present the company's latest financial results for investors. These data are public, so any interested person can also access this data. The date selected by Apple it's october 27, date on which Apple will present the financial results of the company corresponding to the fourth fiscal quarter of the year, second of the year 2016. It should be remembered that the fiscal years for Apple, and many other technology companies, begin on October 1 and not the January 1 of each year.
This new meeting with investors is going to be exciting as it will present the first sales data for the iPhone 7 and iPhone 7 Plus, which according to some analysts are being lower than those of the iPhone 6s and 6s Plus, which the company launched on the market. last year around this time. In addition, Apple has not wanted to offer information on the number of devices that have been activated during the first weekend availability, something that we were used to in recent years, and that could be a reason to try to give the iPhone 7 time to get closer to the sales of its predecessor.
In the last conference, Apple obtained a gross income of 42.500 million dollars, with a profit of 7.800 million, while in the same period of the previous year the company obtained a gross income of 49.600 million dollars and a profit of 10.700 million. Analysts have already got down to business announcing their sales and revenue estimates. According to most of them, Apple could generate a gross income between 45,5 and 47,5 billion dollars with an estimated margin of 38%. According to some analysts, the Apple company will obtain a profit of 30 million dollars as of September 2016 and after closing fiscal year 51.500.
