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Apple Forecasted to Report Record Holiday Quarter Amid Concerns of Slowing iPhone Sales

Monday January 25, 2016 8:04 am PST by Joe Rossignol
Apple will announce its first quarter earnings tomorrow for the 2016 fiscal year, a three-month period that ended December 31, 2015. Financial analysts predict Apple's quarterly revenue will range between $74.6 billion and $82.4 billion, but some market watchers are unsure if Apple will top the record 74.5 million iPhones it sold in the year-ago quarter, due to perceived lower iPhone 6s sales.

iPhone 6s sales concerns might be more evident in Q2 2016, however, as Apple's newest products and services, including the Apple Watch, Apple Music and the new Apple TV, coupled with the busy holiday shopping season, fuel projections that Apple will again report the most profitable holiday quarter in not only the iPhone maker's nearly 40-year history, but of any company ever.

Apple's guidance is between $75.5 billion and $77.5 billion in quarterly revenue, while the consensus among professional analysts is around $76.5 billion.

Q1-2016-Apple-Estimates
Fortune has compiled a list of predictions from both amateur and professional analysts, along with Apple's guidance in orange.

Apple-Q1-2016-Estimates
Apple has never experienced a year-over-year decline in iPhone sales, so the next few quarterly earnings results will be interesting to follow. MacRumors will be providing live coverage of Apple's Q1 2016 earnings conference call with CEO Tim Cook and CFO Luca Maestri on Tuesday at around 2:00 p.m. Pacific (5:00 p.m. Eastern). The earnings report will be released around 1:30 p.m. Pacific (4:30 p.m. Eastern).

Tags: earnings, Q1 2016
[ 91 comments ]


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spiderman0616
42 months ago
No matter what Apple says tomorrow, good or bad, Wall Street and the tech media are out for blood. It will be spun as negative as possible. If iPhones grow again, it will not be by enough units. If they don't grow, it will be doom and gloom for the company in general. They are in a can't win situation when it comes to earnings announcements.
Rating: 13 Votes
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naeS1Sean
42 months ago
Sometimes I wish iPhone sales would slow down. Maybe it would bring Apple back to earth and maybe they would give us better products.

Imagine what phones and technology would be like if money and greed weren't in the picture. I'm dreaming, I know. Just a thought.
Rating: 8 Votes
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musika
42 months ago
When will we stop obsessing over impossibly endless and unsustainable growth and start to appreciate good, stable, comfortable, and long-lasting business?
Rating: 7 Votes
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rdlink
42 months ago
No matter what happens I can only guarantee one thing: I will have less equity tomorrow at the close of trading than I did at open.
Rating: 7 Votes
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C64
42 months ago

Apple's guidance is between $75.5 billion and $77.5 billion in quarterly revenue, while the consensus among professional analysts is around $76.5 billion.

Only professionals could come to that consensus.
Rating: 7 Votes
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rdlink
42 months ago

...Imagine what phones and technology would be like if money and greed weren't in the picture. I'm dreaming, I know. Just a thought.


I don't have to imagine. If "money and greed" weren't in the picture the state of the art "smartphone" would look like this:

Rating: 6 Votes
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chakdey
42 months ago
record sales or not, get ready for the stock to drop. :rolleyes:
Rating: 5 Votes
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mabaker
42 months ago
They should also include the gazillions of macrumors' amateur CEOs and analysts in their predictions. Just for fun.
Rating: 5 Votes
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I7guy
42 months ago

Look for a mass sell off these next few months from all the big fund investors. Tim might even throw in a biuyback to slow the bleeding of the price. 85-90 will be the price the coming year. If it goes over 100-110 big investors playing the game to take profits. Should be the last year of record profits for a while if things don't change dramatically and stop relying on the phone as the money maker.

Looking for a downturn in the entire market with Apple along for the ride.
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Sometimes I wish iPhone sales would slow down. Maybe it would bring Apple back to earth and maybe they would give us better products.

Imagine what phones and technology would be like if money and greed weren't in the picture. I'm dreaming, I know. Just a thought.

If anything, this would accelerate the pace of which Apple releases products.
Rating: 4 Votes
Avatar
LordVic
42 months ago

Considering he could retire after a year with his salary, I'd take it no problem. A lot of people take it on all sides as a manager or executive.


Put this into Consideration:

Cook earned last year about 10M in salary. He also received App 45M in bonus in form of stock.

for one year, he has earned an estimated 55M. Lets for giggles (because we all know he's not paying that much tax) say he's actually paying 50% tax on everything. He's taking home 27.5 Million at the end of ONE YEAR.

most of the "99%" will not likely even earn 1 million in their lifetime of work.

SO yes. for his salary, I'd do his job for a year or two and then leave. you can EASILY live off that. In fact, at a certain point you reach a threshold where you have to start actively searching for ways of spending.

Though, I'm not saying he's not worth a lot of money. Look at how he's managed to steer Apple. Its most profitable time ever has been under his leadership. He's a master of supply chain and has definitely (IMHO) earned his position as CEO.
Rating: 3 Votes

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