Apple has scheduled its next quarterly earnings report on Thursday, April 20, 2020.
Coming soon: March quarter earnings
Apple’s conference call to discuss the second fiscal quarter results, which corresponds to the first calendar (March) quarter, has been scheduled for Thursday, April 30, 2020.
That’s according to a post on the Apple Investor website.
If prior earnings reports are an indication, Apple will first issue a press release announcing quarterly earnings at about 1:30pm PT / 4:30pm ET, which will then be followed by a conference call with Wall Street analysts and investors scheduled at 2pm PT / 5pm ET.
Listening to the earnings call
Anyone can listen in to the conference call live via Apple’s website.
The audio stream is best experienced on:
- iPhone, iPad or iPod touch using Safari on iOS 10 or later
- Mac using Safari on macOS Sierra 10.12 or later
- PC using Windows 10 and Microsoft Edge
Streaming to your Apple TV via the AirPlay feature requires a second-generation or later Apple TV with the latest Apple TV software or tvOS. Non-Apple platforms can access the stream using recent versions of Chrome or Firefox (MSE, H.264 and AAC required).
Apple’s ill-fated March quarter
All eyes will be on AAPL as the company reveals the extent to which its financial performance for the quarter was impacted amid the COVID-19 crisis which threw the whole world in turmoil. Apple’s sales must have suffered greatly amid store closures around the world and the fact that regular life has been brought to a standstill as people obey stay-at-home orders.
During the quarter, Apple released the updated iPad Pro tablets with LiDAR scanner and other perks, as well as refreshed its MacBook Air notebooks while bringing the baseline model price down to $999 from $1,099. There should have been a media event in March that was supposed to serve as a launchpad for a new low-cost iPhone model, but it’s been reportedly delayed amid supply chain issues stemming from the coronavirus crisis.
The Cupertino technology giant in February informed investors that it would not be able to meet its quarterly revenue target due to the coronavirus pandemic.