Apple has announced that it will publish an earnings report for the fourth quarter of 2023 on November 2023. The Q4 2023 results will be shared via a press release and will be discussed at the earnings call/ conference on the same day at 2:00 p.m. PT / 5:00 p.m. ET.
Will Apple report growth in Q4, 2023 as it has for the September quarter in the past three years?
For the past consecutive three years, the Cupertino tech giant has reported an increase in revenue each year for the September or fourth fiscal quarter, which covers the months from July to September.
- In spite of COVID-19 supply chain constraints and macroeconomic conditions, the Cupertino tech giant reported an impressive $64.7 billion revenue in Q4, 2020 with all-time high record sales for Mac and Services.
- The company reported a revenue record of $83.4 billion in Q4, 2021 with 29% Y-o-Y growth. Strong hardware upgrade cycle with the new iPhone 13, MacBook Pro, AirPods, and other products were accredited for the successful quarter.
- For Q4, 2022, a record revenue of $90.1 billion was announced with 8% year-over-year growth. It was the quarter the iPhone 14 and iPhone 14 Pro were launched and sales of iPhone, Mac, and Services had driven the company’s sales in that quarter.
In the 2023 fourth quarter, the tech giant launched the Apple Card Savings account, 15-inch MacBook Air, iPhone 15, iPhone 15 Pro, Apple Watch Series 9, Ultra 2, AirPods Pro with USB-C charging case, and eco-friendly accessories in new Finewoven material.
Prior to that, the company introduced the new 15-inch MacBook Air, next-generation Mac Studio, and first-generation Mac Pro with Apple Silicon at the WWDC 2023 event. It is likely that, new products had driven up its sales in the 2023 fourth quarter as it has in the past.
How to listen to Apple’s Q4, 2023 results conference?
Interested consumers can listen to the company’s earnings call live on its Investor Relations website on November 2, starting at 2:00 p.m. PT / 5:00 p.m. ET. Also, stay tuned to iThinkDiff for comprehensive coverage of the quarterly earnings.