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
23 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
23 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
23 months ago
The earnings will probably feature your hearing level.
Score: 3 Votes (Like | Disagree)
HiVolt Avatar
23 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)
betterbegood Avatar
23 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
23 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

iOS 16

iOS 16.4 Now Available for Your iPhone With These 8 New Features

Friday March 31, 2023 8:55 am PDT by
Following six weeks of beta testing, iOS 16.4 was released to the public this week. The software update includes a handful of new features and changes for the iPhone 8 and newer. To install an iOS update, open the Settings app on the iPhone, tap General → Software Update, and follow the on-screen instructions. Below, we have recapped eight new features and changes added with iOS 16.4,...
CarPlay Phone Call

General Motors to Phase Out Apple CarPlay Starting This Year in EV Transition

Friday March 31, 2023 8:43 am PDT by
General Motors (GM) will phase out Apple CarPlay and Android Auto in its vehicles starting this year, shifting to a built-in infotainment system co-developed with Google (via Reuters). GM owns Buick, Cadillac, Chevrolet, and GMC in the United States. It will stop offering Apple CarPlay and Android Auto starting with the 2024 Chevrolet Blazer, which goes on sale this summer. The company plans ...
iOS 17 on Phone Feature

Three New iOS Features Coming to Your iPhone Following Apple Music Classical

Thursday March 30, 2023 7:13 am PDT by
With the Apple Music Classical app and an Apple Pay Later early access program now available, the list of previously-announced iOS features that have yet to launch is beginning to shrink. However, there are still a few features we are waiting for. Below, we have recapped three more iOS features that are expected to launch in 2023, including an Apple Card savings account for Daily Cash,...
wwdc 2023

Three Products We Might See at WWDC 2023

Friday March 31, 2023 3:37 pm PDT by
Apple this week announced the official dates for the 34th annual Worldwide Developers Conference, with the annual WWDC keynote event set to take place on Monday, June 5. The keynote is where Apple unveils new versions of iOS, macOS, watchOS, and tvOS, and sometimes, we get hardware announcements. Rumors this year suggest there are at least three new devices that are set to be unveiled in the ...
iPhone 15 Pro Multi Purpose button Mute Switch Feature Green 2

iPhone 15 Pro Solid-State Button Sensitivity Can Be Customized to Cater for Cases and Gloves

Thursday March 30, 2023 11:36 pm PDT by
iPhone 15 Pro and iPhone 15 Pro Max users will be able to customize the sensitivity of the solid-state buttons on their device, thanks to a new sensitivity toggle in Settings. That's according to details provided by a hitherto reliable source that shared additional details on the MacRumors forums. Earlier this week, the same anonymous tipster revealed that the iPhone 15 Pro models will use...
apple mixed reality headset concept by david lewis and marcus kane

Kuo: Apple Mixed-Reality Headset May Not Appear at WWDC as Mass Production Pushed Back Yet Again

Thursday March 30, 2023 4:50 am PDT by
Apple has again pushed back mass production of its mixed-reality headset and the device may not appear at this year's Worldwide Developers Conference (WWDC), Apple analyst Ming-Chi Kuo today said. Apple headset concept by David Lewis and Marcus Kane In a tweet, Kuo explained that Apple "isn't very optimistic" about whether the headset will be able to create an "iPhone moment." As a result,...
iPhone 15 Pro Periscope Mock Feature

Periscope Camera Lens Exclusive to iPhone 15 Pro Max Will Be Supplied by Largan

Thursday March 30, 2023 1:18 am PDT by
The periscope camera lens that will be exclusive to the iPhone 15 Pro Max will be solely supplied by Largan, according to the 相機鏡頭中獲利-apple-camera-lens-suppliers-face-two-risks-high-53db8da990b2">latest no by Apple industry analyst Ming-Chi Kuo. Rumors about the iPhone getting a periscope lens have been circulating since early 2020, when Kuo first mentioned the possibility. The analyst...