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Apple FY Q1, 2017 Earnings Preview

Apple

Apple FY Q1, 2017 Earnings Preview

Currently expected to announce its fiscal Q1 earnings results for 2017 – tomorrow, AboveAvalon on Monday shared its own predictions for what it says will undoubtedly mark Apple’s “best quarter yet.”

The analyst is specifically expecting the company to announce total revenue for the quarter of $80 Billion – which is notably higher than the Californian firm’s own guidance posted last month of between $76 Billion and $78 Billion.

Cybart is also opting for the higher end of Apple’s gross margin estimate, at 38.5-percent.

In terms of per device sales the publication is forecasting a substantial 15-percent boost for Apple Watch (YoY), reflecting 5.4 Million units.

Cybart in addition expects Apple’s Mac business to grow to 5.6 Million units sold – a 5% uptick on the year-ago quarter, while iPad is predicted to see a largely expected decline of roughly 4-percent to 15.5 Million units, and iPhone is expected to grow (albeit, marginally) to 78.6 Million units.

Apple’s first earnings call of the year, during which it is expected to discuss sales performance, is currently scheduled to take place on Tuesday, January 31, 2017.

The call will be held at 2:00PM PT / 5:00PM ET.

Members of the press who are interested in tuning into the stream should go ahead and bookmark this page, where they will be able to listen to the audiocast – live.


Note: Live streaming of Apple’s Q1, 2017 earnings call uses HTTP Live Streaming (HLS) technology. HLS requires an iPhone, iPad, or iPod touch with Safari on iOS 7.0 or later, a Mac with Safari 6.0.5 or later on OS X v10.8.5 or later, or a PC with Microsoft Edge on Windows 10.

In an attempt to merge the worlds of music, design and journalism, Arron is perhaps best known for founding online news brand: RazorianFly; a hobby which grew to attract a monthly audience of 120K.





Today he can be found designing and writing for RAZMAG.com whilst also managing #THEHOTLIST - a weekly updating playlist of the hottest new artists, now streaming on Apple Music.



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