Apple to Announce Q4 2020 Earnings on October 29

Apple today updated its investor relations page to announce that it will share its earnings results for the fourth fiscal quarter (third calendar quarter) of 2020 on Thursday, October 29.

appleearnings4q2020
Fourth quarter earnings calls typically provide some insight into the early sales of new iPhones, but since this year's iPhones have been delayed until October, initial iPhone sales data will not factor into fourth quarter revenue.

Apple will perhaps provide detail on sales of the Apple Watch Series 6 and the new Apple Watch SE, which did launch during the September quarter.

Apple declined to provide guidance for the fourth quarter of 2020 during its third quarter earnings call due to the ongoing global health crisis, which continues to affect Apple's product launch timelines and sales.

Apple in the third quarter brought in $59.7 billion in revenue, marking a record June quarter bolstered by products and services growth and a surge in Mac and ‌iPhone‌ sales due to people working and learning from home.

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 October 29.

Tags: AAPL, Earnings

Popular Stories

iOS 18 Siri Integrated Feature

Report: These 10 New AI Features Are Coming in iOS 18

Sunday May 26, 2024 12:57 pm PDT by
iOS 18 and macOS 15 will offer an array of new AI features such as auto-generated emojis, suggested replies to emails and messages, and more, Bloomberg's Mark Gurman reports. A significant portion of Apple's Worldwide Developers Conference (WWDC) is expected to focus on AI features. Writing his latest "Power On" newsletter, Gurman explained that Apple's AI strategy emphasizes providing...
new best buy blue

Best Buy's Memorial Day Sale Has Record Low Prices on iPads, MacBooks, and Much More

Friday May 24, 2024 7:12 am PDT by
Best Buy today kicked off its Memorial Day weekend sale, and it has some of the best prices we've tracked in weeks on iPads and MacBooks. Specifically, you'll find record low prices on the 5th generation iPad Air, iPad mini 6, M2 MacBook Air, and M3 MacBook Pro. Note: MacRumors is an affiliate partner with Best Buy. When you click a link and make a purchase, we may receive a small payment,...
iOS 18 WWDC 24 Feature 2

Gurman: iOS 18 Will Allow Users to Recolor App Icons and Place Them Anywhere

Sunday May 26, 2024 12:22 pm PDT by
Apple's iOS 18 update will introduce new features for further customizing the iPhone's home screen, according to Bloomberg's Mark Gurman. In the latest edition of his "Power On" newsletter, Gurman claimed that Apple will allow users to change the color of app icons in iOS 18. For example, "you can make all your social icons blue or finance-related ones green." This kind of home screen...
Apple iPhone 14 color lineup feature

Apple Now Selling Refurbished iPhone 14 Models

Friday May 24, 2024 11:15 am PDT by
Apple today added refurbished iPhone 14, iPhone 14 Plus, iPhone 14 Pro, and iPhone 14 Pro Max devices to its online store for refurbished products, offering the prior-generation iPhones at a discount for the first time since their 2022 launch. The iPhone 14 is available starting at $619, the iPhone 14 Pro is available starting at $759, and the iPhone 14 Pro Max is available starting at $849. ...
top stories 25may2024

Top Stories: iOS 17.5.1 Fixes Concerning Photos Bug, All-New iPhone 17 Model Rumored, and More

Saturday May 25, 2024 6:00 am PDT by
It's been quite a week of Apple news and rumors, ranging from a concerning bug with deleted photos reappearing on users' devices to hot rumors about a new high-end iPhone model for 2025 and a MacBook with a foldable screen coming as soon as 2026. Other news and rumors this week included fresh expectations for iOS 18 features and new headphones from Sonos to compete head-to-head with AirPods...

Top Rated Comments

4jasontv Avatar
48 months ago
I made an Apple card.

Attachment Image
Score: 6 Votes (Like | Disagree)
newyorksole Avatar
48 months ago
Remember when Apple used to say how many iPhones they sold? And how many preorders they did? Those were good times Lol. I liked hearing those numbers.
Score: 4 Votes (Like | Disagree)
iFan Avatar
48 months ago
The most interesting aspect will be if Apple returns to announcing guidance. Calendar Q4 is going to be a blow-out with iPhone launch moved from Q3 + pandemic increase in sales for iPads and Macs.
Score: 3 Votes (Like | Disagree)
SuperCachetes Avatar
48 months ago


I made an Apple card.
Yes you did. I think it will mostly prove that the people who ask questions on these calls are going to ask dumb questions that they already know beforehand won't be addressed. It's a waste of everyone's time, but maybe your card will make it entertaining at least.
Score: 2 Votes (Like | Disagree)
TheYayAreaLiving ?️ Avatar
48 months ago
What about Event Announcement for iPhone 12?
Score: 2 Votes (Like | Disagree)
Baymowe335 Avatar
48 months ago

Current quarter iPhone revenue may be less than spectacular since they aren't shipping the new handset. Likely supply will be constrained as their manufacturing partners ramp up production (like other years).

Right now, there are some rumors of an Apple announcement on Tuesday the 13rd. If they do announce the iPhone and follow their recent pattern, they will accept pre-orders on Friday the 16th and ship product a week later, Friday the 23rd. That would mean four weeks fewer shipments in the current quarter. I don't see how Apple can make that up given the typical supply constraints early on.

A more likely scenario would be higher Q1 calendar 2021 (Q2FY2021) because Apple would be shipping the entire 13 weeks.


Apple does not announce new product during earnings announcements.

Based on CFO Luca Maestri's comments during the last analyst call, it seems likely that Apple will announce their new iPhones before the earnings results.
Typical Q4 earnings have ~2 weeks of new iPhone sales, hardly a huge needle mover. The watch and iPad is out, so it’s going to be fine. Plus, investors know the phone is coming.
Score: 1 Votes (Like | Disagree)