Apple to Announce Q1 2023 Earnings on February 2

Apple today updated its investor relations page to announce that earnings for the first fiscal quarter of 2023 (fourth calendar quarter) will be shared on Thursday, February 2.

Apple Logo Cash Feature Yellow
The first quarter earnings call will provide some insight into holiday sales of the iPhone 14 models, the Apple Watch Series 8 and Ultra, new iPad models, and the AirPods Pro 2. iPhone sales were constrained during the quarter because of issues with supply. Apple in November sent out a press release warning about COVID-19 impacts on ‌iPhone 14‌ Pro and Pro Max shipments, letting customers know to expect longer than normal wait times.

Last week, Apple shares hit an 18-month low due to the ongoing ‌iPhone‌ shipment issues and a broader downturn in the stock market, and Apple's inability to meet demand during the holiday quarter will likely have a notable impact on sales.

Apple did not provide guidance on the first quarter of 2023, but in the first quarter of 2022, the company reported revenue of $123.9 billion and net quarterly profit of $34.6 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 February 2.

Top Rated Comments

TheYayAreaLiving ?️ Avatar
12 months ago
I hope Apple drops a hint date for Apple Event in Spring, 2023.
Score: 7 Votes (Like | Disagree)
DocMultimedia Avatar
12 months ago

I hope Apple drops a hint date for Apple Event in Spring, 2023.
"We are looking forward to an exciting 2023." That's about all you'll get. ?
Score: 6 Votes (Like | Disagree)
_Spinn_ Avatar
12 months ago
It will be interesting to see if the sale slump is as bad as reported.
Score: 2 Votes (Like | Disagree)
4odomi Avatar
12 months ago
Apple have released some less than average products in the autum, including iPhones 14, even the 14 Pro's, are not as exciting as the hype, when you dig down into it, it would be a shock if their earnings aren't down and it will simply be down to the average products released
Score: 2 Votes (Like | Disagree)
Carnegie Avatar
12 months ago

Is this later than usual for an Apple Earnings release? I thought it was generally around the 20th.
Apple typically issues Q1 earnings 30-33 days after the end of its first fiscal quarter. Last year it was 33 days later. The year before it was 32 days later. This year it will be 33 days later.

This earnings release may seem later than usual because this Q1 ended later than they usually do. Most of Apple's fiscal quarters are 13 weeks long, so they don't end on a particular day of a month. They always end on a Saturday. Apple's first fiscal quarter can end on any day between December 25th and December 31st. Last year Apple's Q1 ended on December 25th. This year it will end on December 31st, hence the later reporting date. And, btw, this first fiscal quarter was one of the unusual 14-week quarters because the calendar year ended on a Saturday.
Score: 2 Votes (Like | Disagree)
Ed A. Avatar
12 months ago

Take my 8660 shares. please. Seriously, debating whether I should buy more if it dips below $100.
No thanks. I sold my 8950 shares last year. :) I might get back in later this year if Apple gets innovative again. If their new products are the same old rehash, then I'll pass.
Score: 2 Votes (Like | Disagree)

Popular Stories

iOS 16 4 Web Push

Apple Confirms Governments Using Push Notifications to Surveil Users

Wednesday December 6, 2023 5:06 am PST by
Unidentified governments are surveilling smartphone users by tracking push notifications that move through Google's and Apple's servers, a US senator warned on Wednesday (via Reuters). In a letter to the Department of Justice, Senator Ron Wyden said foreign officials were demanding the data from the tech giants to track smartphones. The traffic flowing from apps that send push notifications...
iOS 17

iOS 17.2 Will Add These 12 New Features to Your iPhone

Friday December 1, 2023 12:19 pm PST by
iOS 17.2 has been in beta testing for over a month, and it should be released to all users in a few more weeks. The software update includes many new features and changes for iPhones, including the dozen that we have highlighted below. iOS 17.2 is expected to be released to the public in mid-December. To learn about even more features coming in the update, check out our full list. Journal ...
iphone se 4 modified flag edges

iPhone SE 4 May Reuse Existing iPhone 14 Battery

Wednesday December 6, 2023 1:17 pm PST by
Recently, MacRumors has received details on the battery currently being tested on the upcoming fourth-generation iPhone SE, and the information corroborates previous findings in relation to the device. The iPhone SE 4, known by its device identifier D59, is expected to use the exact same battery found in the base model iPhone 14. Partially assembled prototypes of the next iPhone SE have been ...
best buy snowflakes

Best Buy's New Weekend Sale Has Record Low Prices on MacBook Pro and MacBook Air

Friday December 8, 2023 7:37 am PST by
Best Buy's month-long holiday sale continues this weekend with multiple all-time low prices on Apple's line of MacBook Pro and MacBook Air computers. In addition to Apple notebooks, Best Buy's event has discounts sitewide on home appliances, TVs, video games, and more. Note: MacRumors is an affiliate partner with some of these vendors. When you click a link and make a purchase, we may receive...
beeper mini

Apple Puts a Stop to Beeper Mini's iMessage for Android Feature

Friday December 8, 2023 2:24 pm PST by
Apple appears to have closed the loophole that Beeper Mini used to bring iMessage to Android, putting a stop to blue bubbles from Android devices. Beeper Mini quit working earlier today, with users receiving "failed to lookup on server: lookup request timed out" error messages. Beeper said on Twitter that it is investigating the issue, but Beeper CEO Eric Migicovsky told TechCrunch that "all ...

Review: Two Months With the iPhone 15 Pro Max

Thursday December 7, 2023 12:04 pm PST by
Apple's iPhone 15 lineup came out in September, and while most reviews are done shortly after a new device launches, we like to follow up with a longer term review that gives us an opportunity to provide a deeper dive into what it's like using these phones on a day to day basis for months. Subscribe to the MacRumors YouTube channel for more videos. MacRumors videographer Dan Barbera has been...
anker new gold

Anker Begins Countdown to Christmas Sale With Up to 50% Off Popular Charging Accessories

Thursday December 7, 2023 7:55 am PST by
Anker has launched its newest holiday sale, this one offering a special deal every day in the lead-up to Christmas. These sales offer up to 50 percent off select products, and include discounts on USB-C chargers, portable batteries, and much more. Note: MacRumors is an affiliate partner with some of these vendors. When you click a link and make a purchase, we may receive a small payment, which ...

Apple to Launch Two iPad Air and Two OLED iPad Pro Models Early Next Year

Wednesday December 6, 2023 9:53 am PST by
To boost falling iPad sales, Apple has a major refresh planned for the iPad lineup in early 2024, according to Bloomberg's Mark Gurman. Apple plans to debut new iPad Air and iPad Pro models, both of which will feature notable changes. The iPad Air will come in two sizes like the iPad Pro for the first time. The smaller model will continue to measure in at 10.9 inches, but the larger version...