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Apple earnings call

Numbers to Consider Ahead of Today's Apple Earnings Call

The iPhone maker will announce earnings for its first quarter of fiscal year 2017
Apple On The Street
January 31, 2017

Today’s Apple earnings call for the first quarter of the fiscal year 2017 is scheduled to begin at 2 p.m. PST. Here are some numbers to consider.

$75.9 billion

In the first quarter of 2016, Apple posted quarterly revenue of $75.9 billion and quarterly net profit of $18.4 billion. That compares to revenue of $74.6 billion and a net profit of $18 billion in 1Q15. Gross margin was 40.1 percent compared to 39.9 percent in 2015. Apple’s international sales accounted for 66 percent of the quarter’s revenue.

Apple’s guidance for its fiscal 2017 first quarter is for revenue of between $76 billion and $78 billion. A number in this range would represent a return to growth after three straight quarters of falling sales.

The consensus among analysts (from Philip Elmer-DeWitt) is for revenue of $77.4 billion.

74.8 million

Cupertino sold 74.8 million iPhones during the first quarter of 2016. Analysts see sales reaching a record 77.17 million during the first quarter of 2017.

16.12 million

That’s the number of iPads sold during the first quarter of 2016. The experts see sales only reaching 14.44 million units this time around.

5.31 million

Mac sales could be flat, 5.28 million vs. 5.31 million for the year before.

The Apple earnings call will take place today, Jan. 31, at 2 p.m. PST. You can access it via audio webcast at this link. Live streaming uses Apple’s HTTP Live Streaming (HLS) technology. HLS requires an iPhone, iPad, or iPod touch with Safari on iOS 7.0 or later, a Mac with Safari 6.0.5 or later on OS X v10.8.5 or later, or a PC with Microsoft Edge on Windows 10.