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
108 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
108 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
108 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
108 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
108 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
108 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

Beyond iPhone 13 Better Blue Face ID Single Camera Hole

10 Reasons to Wait for Next Year's iPhone 17

Monday July 8, 2024 5:00 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 sometimes get rumored feature leaks so far ahead of launch. The iPhone 17 series is no different – already we have some idea of what to expect from Apple's 2025 smartphone lineup. If you plan to skip...
iPhone 15 Pro Cameras

iPhone 17 Pro Max Will Be First Model to Feature Three 48MP Cameras

Thursday July 11, 2024 12:20 am PDT by
Next year's iPhone 17 Pro Max will feature an upgraded 48-megapixel Tetraprism camera for enhanced photo quality and zoom functionality, according to Apple analyst Ming-Chi Kuo. In his n-iphone-tetraprism-upgrade-ca62dd37e364">latest investor note published to Medium, Kuo said the key specification change would be a 1/2.6" 48MP CIS sensor, up from the 1/3.1" 12MP sensor expected to be used...
iPhone 16 Pro Front Update Blue

iPhone 16 Pro Rumored to Support 40W Fast Charging and 20W MagSafe

Wednesday July 10, 2024 3:57 am PDT by
Apple's forthcoming iPhone 16 Pro and iPhone 16 Pro Max will support 40W wired fast charging and 20W MagSafe charging, claims a rumor currently swirling around China. Right now, iPhone 15 and iPhone 15 Pro models are capable of up to 27W peak charging speeds with an appropriate USB-C power adapter, while official MagSafe chargers from Apple and authorized third parties can wirelessly charge...
AirPods Pro Beta Firmware

Apple Releases New AirPods Pro 2 Beta Firmware With Support for iOS 18 Features

Tuesday July 9, 2024 11:46 am PDT by
Apple today released a second beta firmware for the AirPods Pro 2, including both the Lightning and USB-C versions. The updated firmware has a build number 7A5244b and it is available to developers at the current time. This is the second firmware update that Apple has released since announcing new AirPods Pro 2 features in June. There are several new features that are coming to the AirPods...
Beyond iPhone 13 Better Blue Face ID

iPhone 16 Models Rumored to Have Face ID-Related Design Changes

Tuesday July 9, 2024 9:15 am PDT by
iPhone 16 models coming later this year could have some Face ID-related "design changes," supply chain publication DigiTimes said this week. The original source of this information is British newspaper The Telegraph, which six weeks ago reported that Face ID component supplier Coherent was considering selling or repurposing a manufacturing facility in Newton Aycliffe, a small town in...
orka desktop

MacStadium Releases Free Orka Desktop macOS Virtualization Software

Wednesday July 10, 2024 6:55 am PDT by
Mac cloud services provider MacStadium today unveiled Orka Desktop, a free virtualization tool that allows Mac users to create and manage macOS virtual machines locally via an easy-to-use admin panel. Orka users can create or download custom macOS images locally for their own personal use, or to collaborate with team members using a familiar workflow, versioning, audit, and review controls....