Home News Brand News Apple will release quarterly financial report tonight, iPhone 14 sales volume may be the biggest boost

Apple will release quarterly financial report tonight, iPhone 14 sales volume may be the biggest boost

Author:Hyman Time:2022-11-24 23:10

As a high-tech company with numerous user bases around the world, Apple will be sought after by a large number of users every time it launches different intelligent devices. Therefore, Apple's quarterly financial report every year will be very bright, which is also a way to give investors some confidence. Just tonight, Apple will release its latest fourth quarter financial report. I wonder what will happen this time? Now let's look at the relevant news with the small editor!

Apple will release quarterly financial report tonight, iPhone 14 sales volume may be the biggest boost

As it is getting closer to the disclosure of the financial statements of US listed companies, many enterprises have announced their quarterly performance in recent years. According to the previous arrangement, Apple, a listed company, will release its fourth fiscal quarter report after the US stock market on Thursday (October 27) local time in the US. In addition to the fourth fiscal quarter revenue and profit, the sales performance of the iPhone 14 series is also closely watched.

Before Apple's financial report was released, Wall Street analysts generally predicted that Apple's revenue in the fourth fiscal quarter would increase 6.4% year on year to $88.69 billion (about 639.2 billion yuan), and diluted earnings per share (EPS) would increase 1.9% to $1.26. Erik Woodring, an analyst at Morgan Stanley, said he believes Apple's upcoming results will exceed expectations. He estimated that Apple's revenue in the fourth fiscal quarter would reach 90.1 billion dollars, and iPhone shipments would reach 51.1 million units.

Jiasheng Group estimates that the iPhone division and the application and subscription service divisions will drive Apple's revenue growth in the fourth quarter. However, as the demand for other hardware is still expected to be weak, it is expected that the sales in the fourth fiscal quarter will slow down for the fifth consecutive quarter. However, some analysts said that the release of the iPhone 14 series may bring a limited increase in revenue in the fourth quarter. Since the iPhone 14 series was launched on September 16, and the deadline for the fourth fiscal quarter is September 30, it is unlikely to cause too much impact in less than half a month.

However, the sales performance of the iPhone 14 series still plays an important role in guiding the market, especially for Apple's first fiscal quarter of the next fiscal year. Analysts said that the new quarter covers the peak holiday shopping season, which is usually the quarter with the highest sales, and this period is also the peak shipment of new iPhones. Therefore, the sales data of the iPhone 14 series will also become a key indicator in the new fiscal year.

In the global market under the influence of the epidemic, the sales of many brands of models have had a certain impact, but for large companies such as Apple, not only has it not decreased, many analysts predict that Apple's sales will grow significantly this time because of the launch of the iPhone 14 series, which shows how popular Apple phones are!

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