Apple's Q4 financial results to be announced on October 30

Financial results Q4 Apple

At the beginning of the year, during the presentation of the financial results corresponding to Q2 2019, the Cupertino-based company announced that it would stop offering data on the number of devices they have put on the market every 3 months. The last year it has not been particularly good for either Apple or any other manufacturer.

It is not that Apple wants to hide this data, but rather that it wants to demonstrate how, given the drop in sales of its flagship product, the iPhone, the company compensates for this drop with services, to which Apple Arcade has joined in recent months and soon Apple TV + will join.

Apple Antara O'Brien

The Cupertino-based company has announced through its shareholders website, the date on which the announcement of the company's financial results corresponding to the last quarter of 2019 (for the company) third quarter of the year will be held. Will be next October 30. As expected, various analysts have already begun to publish their estimates, estimates that we leave you below and where sales of iPhone, iPad and Mac are not shown.

  • Income between $ 61.000 billion and $ 64.000 billion
  • Gross margin between 37,5 and 38,5 percent.
  • Operating expenses between $ 8,700 billion and $ 8,800 billion
  • Other income / (expense) of $ 200 million
  • Tax rate of approximately 16,5 percent

The announcement of the financial results of the last quarter, contemplates the launch of the iPhone 11, so it is more than likely that Apple will make a comment about how sales are being, although this will not be reflected in the figures, something that it will do in the next financial results, financial results that will be announced at the end of the month of January.

Apple will broadcast the financial results live through the investor relations website, although 30 minutes before the event begins, publish a full report with all the data that is announced.


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