Apple announces its earnings call for first quarter FY 2016
Apple has announced its earnings call for the first quarter of fiscal year 2016 in an update to the company’s Investor Relations Web page. The earnings call will be held on Tuesday, Jan. 26 at 2 p.m. PST, and Cupertino will provide the customary live audio webcast of the proceedings.
Per MacStories, Apple’s guidance for the first fiscal quarter of 2016, which includes October, November, and December 2015, is for revenue between $75.5 billion and $77.5 billion. Gross margin is expected to be in the neighborhood of 39 to 40 percent, with a tax rate of 26.2 percent. It’s important to note that Apple’s guidance has, in the past, underestimated the actual numbers significantly.
Image credit: MacStories
This may be wishing in vain, but I’m hoping that Apple will reveal more solid numbers regarding Apple Watch sales. This seems unlikely, though, since Apple CEO Tim Cook has historically refused to reveal sales figures for the wearable device for competitive reasons. It would also be nice to hear more about Apple Music, including current subscriber numbers and revenue.
What we are sure to hear about, however, are sales numbers for the iPhone 6s, iPhone 6s Plus, iPad mini 4, and iPad Pro. These devices are the meat and potatoes of Cupertino’s retail sales, and I’m interested to hear if the 12.9-inch iPad Pro has begun reversing the declining tablet sales the tech giant has been plagued with of late.
AppAdvice will continue to provide coverage related to the earnings call, including the actual numbers when they are announced. Stay tuned.