Apple announces Q1 2016 Earnings for January 26



Apple updated its website, investor relations pointing to announce its earnings for the first fiscal quarter Q1 (calendar quarter) of 2016 on Tuesday, January 26, 2016. The earnings release typically occurs just after 4:30 PM ET, after the close of regular stock transactions, and Conferencing Announcement is scheduled to begin at 5:00 PM ET / 2:00 p.m. PT.

The earnings report will provide a look at iPhone sales 6s and 6s Plus iPhone through the holiday season, and we give you a look at how well the iPad Pro is doing in its first quarter of availability from launch. The Apple iPad sales have been low for several consecutive quarters for a while now, so it will be interesting to see if the iPad Pro iPad boosted sales in what Apple had proposed the past year.

For the fourth fiscal quarter of 2015, Apple reported revenue of 51.5 billion dollars and net quarterly profit of $11.1 billion, or $1.96 per diluted share. Apple sold 48 million iPhone, iPad 9.9 million and 5.7 million new Mac during the last quarter. Apple guidance for the first quarter of fiscal 2016 includes expected revenue of 75.5 billion dollars and the gross margin between 39 and 40 percent.

Competition has presented rather hard for Apple recent times, direct competitors have released products that compete head to head with the various devices of the guys from Cupertino, note that new products have also entered the competition to enter the technology. We look forward to the information that Apple delivered on January 26.(Source: Apple)

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