Apple to Announce Q3 2021 Earnings on July 27

Apple today announced that it plans to hold its quarter three earnings call for the 2021 fiscal year on July 27, 2021.

apple q3 earnings call
During the third quarter, which includes late March through late June, the company made several major announcements, including brand new iPad Pros, redesigned 24-inch iMac, AirTags, and a new Apple TV. Additionally, the company held its annual Worldwide Developers Conference, where it announced major updates to all of its platforms coming to users this fall.

During the second quarter, Apple recorded a March quarter record of $89.6 billion in revenue, while its Mac and Services business reached an all-time new high. As has been normal for the past year, Apple is not providing guidance for the June quarter given the instability fueled by the global health crisis. However, during the earnings call last quarter, Apple's CFO Luca Maestri said the company expects a "sequential revenue decline" for the June quarter.

June quarter revenues to grow strong double digits year over year, but we believe sequential revenue decline from March to June will be greater than prior years. First, due to later launch timing and strong demand, ‌iPhone‌ only achieved supply/demand balance during the March quarter. Steeper sequential decline than usual. Supply constraints will have revenue impact of $3-4 billion.

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 July 27.

Top Rated Comments

HiVolt Avatar
37 months ago
Apple earnings call breakdown.

We made lots of money.
We are projecting to make lots more money.
Thank you all for coming.
Score: 10 Votes (Like | Disagree)
citysnaps Avatar
37 months ago

Any idea, what is apple doing with all that money?
Paying salaries and benefits for almost 150,000 Apple employees worldwide, along with capital improvements and other investments in order to continue to conceive, design, manufacture, market, sell, and support products and services customers want to purchase.
Score: 3 Votes (Like | Disagree)
macsareveryinteresting Avatar
37 months ago
The earnings will probably feature your hearing level.
Score: 3 Votes (Like | Disagree)
HiVolt Avatar
37 months ago

Any idea, what is apple doing with all that money?
Not building their own facilities or anything, that's for sure.
Score: 3 Votes (Like | Disagree)
5232152 Avatar
37 months ago
They better start paying me more as a shareholder. The money hoarding is just ridiculous at this point.
Score: 2 Votes (Like | Disagree)
DelayedGratificationGene Avatar
37 months ago

Any idea, what is apple doing with all that money?
Yup…investing in itself and then buying back itself….Apple is very self centered
Score: 2 Votes (Like | Disagree)

Popular Stories

maxresdefault

Apple Announces 'Let Loose' Event on May 7 Amid Rumors of New iPads

Tuesday April 23, 2024 7:11 am PDT by
Apple has announced it will be holding a special event on Tuesday, May 7 at 7 a.m. Pacific Time (10 a.m. Eastern Time), with a live stream to be available on Apple.com and on YouTube as usual. The event invitation has a tagline of "Let Loose" and shows an artistic render of an Apple Pencil, suggesting that iPads will be a focus of the event. Subscribe to the MacRumors YouTube channel for more ...
iPhone 15 Pro FineWoven

Apple Reportedly Stops Production of FineWoven Accessories

Sunday April 21, 2024 6:03 am PDT by
Apple has stopped production of FineWoven accessories, according to the Apple leaker and prototype collector known as "Kosutami." In a post on X (formerly Twitter), Kosutami explained that Apple has stopped production of FineWoven accessories due to its poor durability. The company may move to another non-leather material for its premium accessories in the future. Kosutami has revealed...
Apple Vision Pro Dual Loop Band Orange Feature 2

Apple Cuts Vision Pro Shipments as Demand Falls 'Sharply Beyond Expectations'

Tuesday April 23, 2024 9:44 am PDT by
Apple has dropped the number of Vision Pro units that it plans to ship in 2024, going from an expected 700 to 800k units to just 400k to 450k units, according to Apple analyst Ming-Chi Kuo. Orders have been scaled back before the Vision Pro has launched in markets outside of the United States, which Kuo says is a sign that demand in the U.S. has "fallen sharply beyond expectations." As a...
iOS 17 All New Features Thumb

iOS 17.5 Will Add These New Features to Your iPhone

Sunday April 21, 2024 3:00 am PDT by
The upcoming iOS 17.5 update for the iPhone includes only a few new user-facing features, but hidden code changes reveal some additional possibilities. Below, we have recapped everything new in the iOS 17.5 and iPadOS 17.5 beta so far. Web Distribution Starting with the second beta of iOS 17.5, eligible developers are able to distribute their iOS apps to iPhone users located in the EU...
iPad And Calculator App Feature

Apple Finally Plans to Release a Calculator App for iPad Later This Year

Tuesday April 23, 2024 9:08 am PDT by
Apple is finally planning a Calculator app for the iPad, over 14 years after launching the device, according to a source familiar with the matter. iPadOS 18 will include a built-in Calculator app for all iPad models that are compatible with the software update, which is expected to be unveiled during the opening keynote of Apple's annual developers conference WWDC on June 10. AppleInsider...
Provenance Emulator

PlayStation and SEGA Emulator for iPhone and Apple TV Coming to App Store [Updated]

Friday April 19, 2024 8:29 am PDT by
The lead developer of the multi-emulator app Provenance has told iMore that his team is working towards releasing the app on the App Store, but he did not provide a timeframe. Provenance is a frontend for many existing emulators, and it would allow iPhone and Apple TV users to emulate games released for a wide variety of classic game consoles, including the original PlayStation, SEGA Genesis,...