Apple to Hold February 1 Earnings Call Just Ahead of Vision Pro Launch

Apple has announced that its first earnings call of 2024 will be held on February 1, one day before the Vision Pro launches in the United States.

Apple Vision Pro with battery Feature Blue Magenta
On the call, Apple's CEO Tim Cook and CFO Luca Maestri will discuss the company's earnings results for the first quarter of the 2024 fiscal year. The executives will almost certainly provide some additional commentary about the Vision Pro.

A live audio stream of the call will be available on Apple's Investor Relations page, and a recording will be available later in the day for replay.

The quarter ran from October 1 through December 30 of 2023. During this period, Apple released new 14-inch and 16-inch MacBook Pro models with the M3 series of chips, updated the iMac with the M3 chip, and debuted a lower-cost Apple Pencil with a USB-C port. Apple also expanded its online store to Chile during the quarter.

Apple has not provided formal guidance since early 2020, but analysts expect the company to report quarterly revenue of around $117.8 billion on average, according to Yahoo Finance. Apple reported $117.2 billion revenue in the year-ago quarter.

AAPL closed at $181.18 on Friday, down from a 52-week high of $199.62.

Related Roundup: Apple Vision Pro
Tags: Earnings, AAPL
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Top Rated Comments

darngooddesign Avatar
23 weeks ago

That thing looks so bad how can that be an Apple product?
Really? I think it looks pretty great and very Apple.
Score: 11 Votes (Like | Disagree)
roar08 Avatar
23 weeks ago

They passively do when they outright can't afford something... the number of people with $3500 to burn at any given time is very low, which is convenient for Apple -- because they can't make a lot of these anyway. They'll sell every single unit they can make, but then what? A million made and sold... what app developers (beyond the obvious streaming services) will want a niche market of 6000 Vision Pro users?
I think it's a stupid product. But there are LOTS of people — including those below the poverty line — who buy things to combat a false sense of disempowerment. People open and max credit cards all the time for this. 3500 may be on the steeper side, but rest assured a *true* lack of affordability won't necessarily be a stopping force for a good number of people who buy this.
Score: 6 Votes (Like | Disagree)
roar08 Avatar
23 weeks ago

They need to get a cheaper iteration of this thing down to $999 in a hurry... otherwise, it's going to get "Chromecasted", that is... a product 70% as good that's 70% cheaper -- probably made by Google or Amazon... is going to win.

There's a relatively small number of people who can afford to dump $3500 on this toy.
As if people make buying decisions based on what they can afford.
Score: 5 Votes (Like | Disagree)
Surf Monkey Avatar
23 weeks ago

No it isn’t, they are completely different products. People listen to music in public, you are not wearing a vision pro in public.

Executives took Vision Pro home and used it, Tim Cook himself uses it.
Listen to yourself.

They’re trying to sell it. They want people to wear it. But THEY won’t put it on when a camera is around. If you can’t see why that’s problematic that’s on you, not me.
Score: 4 Votes (Like | Disagree)
vegetassj4 Avatar
23 weeks ago
Lessen the blow of the dissapointing earnings?

https://www.cnbc.com/2024/01/08/apple-iphone-sales-in-china-fell-over-30percent-during-first-week-of-2024-jefferies.html

Note: The average analyst ratings are still bullish



Attachment Image
Score: 4 Votes (Like | Disagree)
BuddyTronic Avatar
23 weeks ago

Apple executives wore AirPods in public. No Apple executive has worn Vision Pro in public to date.

That’s a MASSIVE red flag.
It’s not necessarily something you wear around town dude!

Maybe in the near future you’ll wear it in a museum for sure - but give it some time.

executives on lazyboy watching a movie? Yes, more plausible right now.
Score: 3 Votes (Like | Disagree)