Apple’s second quarter earnings report and conference call will take place on April 23rd, 2014, according to an Investor Relations update on Apple’s website first noted by setteBIT. Apple will provide a live audio webcast of the event.
Apple plans to conduct a conference call to discuss financial results of its second fiscal quarter on Wednesday, April 23, 2014 at 2:00 p.m. PT / 5:00 p.m. ET.
In the first quarter of 2014, Apple posted revenue of $57.6 billion and sold 26 million iPads, 51 million iPhones, and 4.8 million Macs, earning a quarterly net profit of $13.1 billion.
For Q2 2014, Apple set its guidance at revenue between $42 billion and $44 billion, with gross margin between 37 percent and 38 percent. Apple didn’t release major new products in the second quarter, with the company expected to roll out new entries in the iPhone and iPad lines later this year. The second quarter will provide insight into the company’s post-holiday sales following a record-breaking first quarter; in early March, Apple announced that CFO Peter Oppenheimer will retire at the end of September 2014. During the quarter, Apple launched a cheaper version of the iPhone 5c in selected markets, retired the iPad 2, and relaunched the iPad 4 with a Lightning connector. Apple also released the first major update to iOS 7, iOS 7.1, six months after the OS’ debut.
In the year-ago quarter, Apple posted revenue of $43.6 billion. The company sold 19.5 million iPads, 37.4 million iPhones, and ”just under” 4 million Macs, earning a quarterly net profit of $9.5 billion.
We will provide live updates from the conference call on our site’s homepage on April 23rd starting at 2 PM PT.
