Apple will report its quarterly earnings for its second fiscal quarter of 2018 on Tuesday, May 1, at 2 p.m. (Pacific). The tech giant will live stream the announcement.
Here’s the guidance Apple has provided for the second quarter of 2018:
- Revenue between $60 billion and $62 billion;
- Gross margin between 38% and 38.5%;
- Operating expenses between $7.6 billion and $7.7 billion;
- Other income/(expense) of $300 million;
- A tax rate of approximately 15%.
