Apple announces quarterly results for the third quarter of 2023 - Analysts expect a slight decline in revenue
Apple to announce Q3 2023 earnings results on August 3
- The report will be available at 1:30 p.m. Pacific Time, followed by a conference call with Apple CEO Tim Cook and CFO Luca Maestri at 2:00 p.m. Pacific Time.
- Analysts expect a decrease in revenue of about 2% compared to the same quarter last year.
Apple has announced that it will release its earnings results for the third quarter of 2023 on August 3. The report will be available at 1:30 p.m. Pacific Time, followed by a conference call with Apple CEO Tim Cook and CFO Luca Maestri at 2:00 p.m. Pacific Time. A live audio webcast of the conference call will be available on Apple's Investor Relations website, and a replay will be available later in the day.
In the last quarter, Apple launched three new Macs, including a 15-inch MacBook Air, an updated Mac Studio, and an updated Mac Pro. Additionally, the Apple Card Savings account was introduced for U.S. citizens during the quarter.
While Apple no longer provides formal revenue guidance due to the COVID-19 pandemic, analysts on average expect revenue of around $81.5 billion for this quarter, compared to $83 billion in the same quarter last year.
For more information: (MacRumors)
