Apple Moves Q4 2016 Earnings Call to October 25 Due to Scheduling Conflict - MacRumors
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Apple Moves Q4 2016 Earnings Call to October 25 Due to Scheduling Conflict

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Apple today updated its investor relations page to note that the company's earnings report for the fourth fiscal quarter (third calendar quarter) of 2016 has been moved to Tuesday, October 25 due to a scheduling conflict.

As announced last week, Apple originally had scheduled the call for Thursday, October 27. It is not clear what conflict has arisen that is causing the meeting to be moved to a new date.

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Apple's 4Q 2016 earnings report will provide a look at initial iPhone 7 and iPhone 7 Plus sales, giving us our first hint at how well the two devices have sold compared to the iPhone 6s and the iPhone 6s Plus.

Apple's guidance for the fourth quarter of fiscal 2016 includes expected revenue of $45.5 to $47.5 billion and gross margin between 37.5 and 38 percent, well below the revenue of $51.5 billion it saw in 4Q 2015.

Apple will release its quarterly earnings statement at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time), with a conference call to follow at 2:00 p.m. Pacific Time (5:00 pm. Eastern Time). MacRumors will provide live coverage of the results and the call.

Top Rated Comments

agustinbg Avatar
agustinbg
125 months ago
I hope it's because of the announcement of new Macs.
Score: 30 Votes (Like | Disagree)
Kiro Avatar
Kiro
125 months ago
We all know that it will be due to the new watch band event end of oct, right?
Score: 24 Votes (Like | Disagree)
Rogifan Avatar
Rogifan
125 months ago
Good god comments here get worse by the day. As bad as the bile you see on Yahoo and other places that allow article comments.
Score: 11 Votes (Like | Disagree)
B
Bryan Bowler
125 months ago
The conflict was the pre-existing town hall meeting to announce 100 new emojis.
Score: 10 Votes (Like | Disagree)
M
max.ine
125 months ago
I hope it's because of the announcement of new Macs.
You and the rest of the world.
Score: 9 Votes (Like | Disagree)
SMIDG3T Avatar
SMIDG3T
125 months ago
No doubt they'll find a way to spin those numbers to make them sound positive.

Pretty much all products seem to be in decline except online services (see previous article about Apple Watch) and revenues and profit are dropping accordingly. Yet Apple stubbornly keeps its margins as high as ever. They won't reduce them even temporarily because that would produce an expectation to keep them at a lower rate. At a certain point though you have to wonder, are they happy to see volumes and revenue decline further? I think they'll be paying close attention to market share yet there's already evidence to suggest gains there have slowed or halted too and may even be going backwards in some categories.

They'll need a knockout Mac refresh to bring some life and excitement back to the Apple ecosystem. And I think Tim and the rest of the board should be on notice.

Expect the typical corporate non-speak and self-promotion at such events anyway.
"No doubt they'll find a way to spin those numbers to make them sound positive."

Funny. I mean a company making $8 billion in 12 weeks is pathetic, right?

Apple are Doomed ™
Score: 7 Votes (Like | Disagree)
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