The financial minded among you have a date to circle. On Tuesday, Apple updated its Investor page with the date and time of its December-quarter earnings call. The date is Thursday 27 January. The time is 2PM Pacific/5PM Eastern.
Apple did not offer guidance for the quarter on the last call, though it did offer color. Apple set records for the September-quarter despite supply constraints that executives said cost Apple about $6 billion in revenue. They also said on that call that such constraints would be larger in the December-quarter.
Despite that harder squeeze, Apple said on the last call that it still expected to achieve “very solid year-over-year revenue growth, and to set a new revenue record for the December-quarter.” The company also expected revenue for each category to beat revenue for the same quarter a year earlier - iPad not included. Revenue for iPad was (and is) expected to decline due to supply constraints. Growth for Services was predicted to decelerate, though Apple CFO Luca Maestri said the category was expected to remain strong.
A piece from MacRumors lists some of Apple’s key contributors for the holiday-quarter. The first-quarter of fiscal year 2022 will mark the first full-quarter of sales for the iPhone 13 line. It’ll also include the earliest sales of MacBook Pros with Apple Silicon M1 Pro and M1 Max processors. Series 3 AirPods will figure in. We heard about their contribution earlier this week from TF International analyst Ming-Chi Kuo.
How Does One Keep Up?
Earnings come in two parts - first there’s the release of data, then there’s the call between Apple execs and financial folks about a half-an-hour later. Numbers are released on Apple’s site after the close of trading - roughly 1:30 Pacific/4:30 Eastern. Then the call kicks off at 2PM/5PM as stated earlier.
You can stream it as it happens on Apple’s Investor site. The company will make it available as a podcast soon after. Twitters will tweet. Bloggers will Blog. I’ll cover highlights here the day after the call. And if you missed any of that, fear not. You’ll hear it a lot between now and the 27th.
