Apple today updated its investor relations page to note it will announce its earnings for the second fiscal quarter (first calendar quarter) of 2016 on Monday, April 25.

The earnings release will provide a look at sales of the iPhone 6s and 6s Plus following Apple's record first quarter, which saw the company announce 74.8 million iPhone sales and $18.4 billion profit on $75.9 billion in revenue. Apple has warned that iPhone sales will decline in the March quarter, potentially leading to Apple's first year-over-year decline since the iPhone was released in 2007.

applearningsq22016
During its first quarter earnings report, Apple provided Q2 2016 guidance of $50 to $53 billion in revenue and gross margin between 39 and 39.5 percent. Should Apple only take in $50 to $53 billion, the company will also see its first year-over-year revenue drop in 13 years.

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 April 25.

Top Rated Comments

69650 Avatar
120 months ago
Made about $12 per share on this panic session. Bring it on.
That sums up everything that's wrong with the stock market.
Score: 7 Votes (Like | Disagree)
nooaah Avatar
120 months ago
That sums up everything that's wrong with the stock market.
Nope, worst is the computer programs the big guys use that can buy and trade a single stock in milliseconds. Millions of times.
Score: 3 Votes (Like | Disagree)
smacrumon Avatar
120 months ago
Made about $12 per share on this panic session. Bring it on.
Just goes to show how hysterical share traders really are and why the stock market isn't a true indication of a company's worth but more a reflection of what narcotics share traders eat or do not eat for breakfast.
Score: 3 Votes (Like | Disagree)
C DM Avatar
120 months ago
Unfortunately Apple did not release an iPhone 6/6s in a 4 inch form factor. And the design it released for 6/6s with unsightly protruding camera and awful antenna bands was such an unresolved mess lots of people decided to hold off upgrading.
I've been advocating for a new 4 design direction for a looooong time and more recently on MacRumors. I even started a recent forum about this very specific design seeking comment and other design suggestions at the forum before the recently rumour: https://forums.macrumors.com/threads/future-apple-design-language.1963417/
Apple really does read MacRumors and continues to shamelessly steal great artist's design ideas.
So the pertruding camera and antenna bands is a mess and kept people from upgrading...yet that design has set record sales...
Score: 3 Votes (Like | Disagree)
keysofanxiety Avatar
120 months ago
Probably see some Macs drop before then.
I really hope so, it's about time they updated the line. You drop $10K on a brand-new Mac Pro, and it shows as a late 2013 model ... :(
Score: 1 Votes (Like | Disagree)
smacrumon Avatar
120 months ago
Unfortunately Apple did not release an iPhone 6/6s in a 4 inch form factor. And the design it released for 6/6s with unsightly protruding camera and awful antenna bands was such an unresolved mess lots of people decided to hold off upgrading.
I've been advocating for a new 4 design direction for a looooong time and more recently on MacRumors. I even started a recent forum about this very specific design seeking comment and other design suggestions at the forum before the recently rumour: https://forums.macrumors.com/threads/future-apple-design-language.1963417/
Apple really does read MacRumors and continues to shamelessly steal great artist's design ideas.
Score: 1 Votes (Like | Disagree)

Popular Stories

iPadOS 26 App Windowing

Apple Explains Why iPads Don't Just Run macOS

Friday June 13, 2025 7:46 am PDT by
iPadOS 26 allows iPads to function much more like Macs, with a new app windowing system, a swipe-down menu bar at the top of the screen, and more. However, Apple has stopped short of allowing iPads to run macOS, and it has now explained why. In an interview this week with Swiss tech journalist Rafael Zeier, Apple's software engineering chief Craig Federighi said that iPadOS 26's new Mac-like ...
iphone 16 pro models 1

17 Reasons to Wait for the iPhone 17

Thursday June 12, 2025 8:58 am PDT by
Apple's iPhone development roadmap runs several years into the future and the company is continually working with suppliers on several successive iPhone models simultaneously, which is why we often get rumored features months ahead of launch. The iPhone 17 series is no different, and we already have a good idea of what to expect from Apple's 2025 smartphone lineup. If you skipped the iPhone...
Logitech Logo Feature

Logitech Announces Two New Accessories for WWDC

Friday June 13, 2025 7:22 am PDT by
Alongside WWDC this week, Logitech announced notable new accessories for the iPad and Apple Vision Pro. The Logitech Muse is a spatially-tracked stylus developed for use with the Apple Vision Pro. Introduced during the WWDC 2025 keynote address, Muse is intended to support the next generation of spatial computing workflows enabled by visionOS 26. The device incorporates six degrees of...
iPhone 17 Pro Blue Feature Tighter Crop

iPhone 17 Pro Launching in Three Months With These 12 New Features

Saturday June 14, 2025 5:45 pm PDT by
The iPhone 17 Pro and iPhone 17 Pro Max are three months away, and there are plenty of rumors about the devices. Below, we recap key changes rumored for the iPhone 17 Pro models as of June 2025:Aluminum frame: iPhone 17 Pro models are rumored to have an aluminum frame, whereas the iPhone 15 Pro and iPhone 16 Pro models have a titanium frame, and the iPhone X through iPhone 14 Pro have a...
iOS 26 Screens

Here Are All the iOS 26 Features That Require iPhone 15 Pro or Newer

Thursday June 12, 2025 4:53 am PDT by
With iOS 26, Apple has introduced some major changes to the iPhone experience, headlined by the new Liquid Glass redesign that's available across all compatible devices. However, several of the update's features are exclusive to iPhone 15 Pro and iPhone 16 models, since they rely on Apple Intelligence. The following features are powered by on-device large language models and machine...
CarPlay Liquid Glass Dark

Apple to Let iPhone Users Watch Videos on CarPlay Screen While Parked

Thursday June 12, 2025 6:16 am PDT by
Apple this week announced that iPhone users will soon be able to watch videos right on the CarPlay screen in supported vehicles. iPhone users will be able to wirelessly stream videos to the CarPlay screen using AirPlay, according to Apple. For safety reasons, video playback will only be available when the vehicle is parked, to prevent distracted driving. The connected iPhone will be able to...
iOS 26 on Three iPhones

Hate iOS 26's Liquid Glass Design? Here's How to Tone It Down

Wednesday June 11, 2025 4:22 pm PDT by
iOS 26 features a whole new design material that Apple calls Liquid Glass, with a focus on transparency that lets the content on your display shine through the controls. If you're not a fan of the look, or are having trouble with readability, there is a step that you can take to make things more opaque without entirely losing out on the new look. Apple has multiple Accessibility options that ...
Mac Studio Feature

Apple Begins Selling Refurbished Mac Studio With M4 Max and M3 Ultra Chips at a Discount

Thursday June 12, 2025 10:14 am PDT by
Apple today added Mac Studio models with M4 Max and M3 Ultra chips to its online certified refurbished store in the United States, Canada, Japan, Singapore, and many European countries, for the first time since they were released in March. As usual for refurbished Macs, prices are discounted by approximately 15% compared to the equivalent new models on Apple's online store. Note that Apple's ...
iOS 26 Feature

Apple Seeds Revised iOS 26 Developer Beta to Fix Battery Issue

Friday June 13, 2025 10:15 am PDT by
Apple today provided developers with a revised version of the first iOS 26 beta for testing purposes. The update is only available for the iPhone 15 and iPhone 16 models, so if you're running iOS 26 on an iPhone 14 or earlier, you won't see the revised beta. Registered developers can download the new beta software through the Settings app on each device. The revised beta addresses an...