Apple on Tuesday announced that the company will release its earnings report for Q1 2022 on Thursday, January 27. The report will be followed by a conference call with investors and analysts to offer more detail.
This earnings release will cover the ever-important holiday shopping season for Apple. It will also cover the ongoing impacts of the chip shortage that is limiting iPhone and iPad availability, as well as the impacts of the COVID-19 pandemic.
Apple did not offer any official guidance for Q1 2022 given uncertainty prompted by both manufacturing disruptions and the COVID-19 pandemic. Still, Apple CEO Tim Cook has stated that the company expects “solid year-over-year revenue growth.”
Apple no longer reports iPhone, iPad, and Mac unit sales numbers, although it does offer a revenue breakdown by product category.
Here’s what was reported for Q1 2021:
- $65.60 billion: iPhone
- $15.76 billion: Services
- $8.68 billion: Mac
- $12.97 billion: Wearables, home, and accessories
- $8.44 billion: iPad
Totals: $111.44 billion in revenue and profit of $28.76 billion
The Q1 2022 call will be held at 2:00 p.m. PDT/5:00 p.m. EDT with Apple releasing its full earnings report 30 minutes before that. The call will include a question-and-answer section with Apple CEO Tim Cook and CFO Luca Maestri.
Stay tuned for additional details as they become available.
Via 9to5Mac and investor.apple.com