Apple is expected to report its fourth quarter earnings today. There is a time zone in the Pacific. Tim Cook and Luca Maestri will talk about the results on a conference call. There is a time zone in the Pacific.
There are some key things to know about Apple's fourth quarter.
The company's fiscal calendar shows that the fourth quarter ended in September. Pre-orders for several new products were accepted by Apple during this time.
According to Yahoo Finance, Apple is expected to report revenue of almost $90 billion. This would be a September quarter revenue record for Apple, which is 6.5% higher than the year-ago quarter.
Tim Cook and Luca Maestri will speak on the call. The company's fourth quarter earnings results will be discussed this afternoon. There will be a Q&A segment with analysts on the call.
You can listen to the conference call live on Apple's Investor Relations page.
With higher-than-average inflation and recession concerns around the world, investors will be listening for any commentary regarding the economy.
The first quarter of the fiscal year ended on December 31. Pre-orders for a new Apple TV and the launch of new iPad Pro models with the M2 chip have already taken place.
Analysts expect Apple to grow at a single-digit rate in the first quarter of the next fiscal year.
AAPL is currently trading at a lower price than it was a year ago.
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