Apple today updated its investor relations page to announce that the company will share its earnings for the fourth fiscal quarter (third calendar quarter) of 2017 on Thursday, November 2.
The earnings release will provide a look at iPhone 8 and iPhone 8 Plus sales during their first week of availability. Apple has not provided launch weekend sales for the new devices, so this will be the first look at how well the updated devices sold compared to the iPhone 7 and iPhone 7 Plus last year.
Apple’s guidance for the fourth quarter of fiscal 2017 includes expected revenue of $49 to $52 billion and gross margin between 37.5 and 38 percent. In 4Q 2016, Apple posted revenue of $46.9 billion and gross margin of 38 percent.
The quarterly earnings statement will be released at 1:30 PM Pacific/4:30 PM Eastern, with a conference call to discuss the report taking place at 2:00 PM Pacific/5:00 PM Eastern. MacRumors will provide coverage of both the earnings release and conference call on November 2.
When you think about dead companies walking, BlackBerry was clearly one that came to mind, but under the leadership of CEO John Chen, the company is actually making a comeback as a software company focused on security, and it’s latest quarterly earnings report suggests the pivot is working splendidly. The company reported revenue of $249 million, which shattered analyst’s… Read More
Cloudera said today as part of its second-quarter earnings report that it is acquiring Fast Forward Labs, a startup that gives companies the latest information on how to apply machine learning and AI to their businesses, as well as consulting. Read More
Okta kept its beat-streak alive today with a healthy earnings report. On the back of international growth and a healthy services business, Okta beat revenue expectations by nine percent and managed to handedly top EPS expectations.
Analysts had been expecting about $55.9 million in revenue with a loss of $0.26 per share. Instead, Okta reported $61 million in revenue with $0.16 loss per… Read More
Yext, the company that powers retail location search results, reported its earnings after the bell on Wednesday, its second report since going public in April. The company showed that for the quarter ending in July it brought in $40.8 million in revenue, up 38% from the same period last year. It’s also slightly above the $40.18 million that analysts surveyed by Yahoo! Finance were expecting. Read More
Uber's endless stream of scandals doesn't appear to have made much of a dent in its bottom line… not that the company is breaking out the champagne just yet. The ridesharing firm reports that its bookings surged in the second quarter of 2017 (150…
Earlier this year it looked as though Salesforce was starting to position itself as a company that would hit $10 billion in annual revenue run rate later this year — and, if all seems well, it looks like it may hit that target. Salesforce reported its second-quarter earnings today, saying it brought in $2.56 billion in revenue on earnings of 33 cents per share. This is a beat on both… Read More
Tencent, Asia’s highest valued technology company, posted a record quarterly profit of $2.7 billion (18.2 billion RMB) thanks to explosive growth from mobile games. The firm’s profit in Q2 2017 rocketed 70 percent year-on-year on the back of the success of Tencent’s mobile games, particularly smash hit Honour of Kings which claims over 200 million registered users. Honour… Read More