Apple’s conference call to discuss second fiscal quarter results is scheduled for Tuesday at 5:00pm ET. The numbers for the second quarter play a secondary role today. It is all about what Apple is hinting at that could shed some light on the future growth.
Update: Apple only shared numbers during the Q2 earnings call and did not make any comments about new products.
The dependency on iPhone sales driving the majority of the revenues of Apple is an ongoing issue. Consumer demand for smartphones is at its lowest since years. The new iPhone X, aka iPhone 8, aka 10th anniversary iPhone is rumored to be delayed. This situation might force the Apple executives to spread some information about what is next for the iPhone.
Apple has reacted to the sentiment that the company is neglecting the desktop computers. Executives met with journalists to discuss the iMac and confirm that a new version is coming this year. Apple might do some more expectation management today in the earnings call to keep everything in check and positive.
Some Apple fans hope, that Tim Cook and his colleges let slip some details about the rumored Siri home gadget. This is though unlikely.
Apple fans and investors can listen to the earnings call today at 5pm ET via an audio webcast on the Apple site.
Wall street expects Apple to report $52.97 billion in revenues, mostly driven by the estimated 52 million iPhones the company sold in Q2 2017. CNBC has a full rundown of analyst predictions for Apple's Q2 2017 earnings.
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Manfred "Luigi" Lugmayr (Google+) is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
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