APPLE

Apple plans to release Q2 2024 earnings on May 2 ahead of WWDC

Apple just announced that it will report earnings for the second quarter of fiscal 2024 on Thursday, May 2nd. As usual, the company will release earnings for the second quarter of 2024, followed by a conference call with investors and analysts to provide more details.

Apple to announce Q2 2024 results next month

Apple's second quarter of 2024 covers January, February and March. Last quarter, Apple's three-month revenue was $119.58 billion.

Other numbers from Apple's quarterly results:

  • EPS $2.18 (vs. $2.18 expected) $10)
  • iPhone revenue: $69.70 billion (vs. $67.96 billion expected)
  • Services revenue: $23.12 billion (vs. $23.31 billion expected)
  • Mac revenue: $7.78 billion (vs. $7.80 billion expected).
  • iPad revenue: $7.02 billion (vs. $7.31 billion expected).
  • Wearables, Home Products & Accessories revenue: $11.95 billion (vs. $11.39 billion expected).

Q1 2024 was the first quarter to include full sales of the iPhone 15 line, Apple Watch Series 9, Apple Watch Ultra 2 and USB. -C AirPods Pro 2. This also included sales of the iMac M3 and MacBook Pro 14 inches, as well as the MacBook Pro M3 Pro and M3 Max. On the other hand, the second quarter will be the first to report Apple Vision Pro sales.

Apple has not provided official guidance for the second quarter of 2024. The company's fiscal second quarter earnings announcement precedes WWDC. The company is expected to unveil iOS 18 with a focus on AI-powered features.

The call will take place at 2:00 pm PT. Pacific Time/5:00 p.m. EDT, and Apple released its full earnings report 30 minutes earlier. The call will include a Q&A session with Apple CEO Tim Cook and CFO Luca Maestri.

More information on Apple's financial results can be found on the company's official website.

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