Apple has moved its earnings call for the fourth quarter of 2016 up two days from Thursday Oct. 27, to Tuesday, Oct. 25, citing an unannounced scheduling conflict.
As usual, the company will release earnings after the close of the stock markets on that date, followed shortly thereafter by the live streamed earnings call. For the fourth fiscal quarter, Apple is guiding for revenue between $45.5 billion and $47.5 billion, and gross margin between 37.5 percent and 38 percent.
If you’re not familiar with the format, Apple CEO Tim Cook and CFO Luca Maestri both point out highlights of the previous quarter’s financial performance before answering questions from leading Wall Street analysts.
Expect to hear news on how well the new iPhone 7 and 7 Plus are selling, as well as hints on how well the Apple Watch Series 2 is doing (Apple never discloses how many are sold). Likewise, if there is a Mac/iPad announcement before Oct. 25 (though that’s the very date I’ve predicted that new Macs will be announced), we’ll be sure to hear about the early sales performance of those devices.
