Apple will report quarterly earnings on November 1

Apple has posted the information that 1 will be a report with figures about sales and earnings for the fourth quarter of 2018. It will include the results for the iPhone XS iPhone XS Max and the Apple Watch Series 4.

After the release of the report of CEO of Apple ā€” Tim cook and Luca Maestri is the Finance Director of the company is likely to be something to brag about to investors. Great expectations analysts lay on the Apple Watch Series 4, as new hours beat all records of sales, and the demand for them is not diminished to this day. Even now, the delivery time for a smart watch when ordering is 3-4 weeks.

The amount of profit received for the fourth quarter is expected in the range of 60 – 62 billion dollars. It’s quite a beautiful figure, as they represent revenue growth of the company. Over the same period 2017 revenues amounted to 52.6 billion dollars.

If the analysts are correct, then the value of the stock will grow even more, since, as Apple was the first company trilennium in the world.

Clifton Nichols

Clifton Nichols

Hi! Iā€™m Clifton and I am a full-stack engineer with a passion for building performant and scalable applications that are beautiful and easy to use.

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