Apple $AAPL Quarterly Earnings LIVE Webcast, July 31, 5pm EDT

Apple Inc.
Principal domain: apple.com
Investor Relations website: investor.apple.com

Apple FY 18 Third Quarter Results: Tuesday, July 31, 2018 at 5:00 p.m. EDT
Listen to the conference call webcast - Earnings Call Transcript | SeekingAlpha.com

Earnings Release"Revenue Up 17 Percent and EPS Up 40 Percent to New June Quarter Records - Services Revenue Reaches New All-Time High"--excerpts:
“We’re thrilled to report Apple’s best June quarter ever, and our fourth consecutive quarter of double-digit revenue growth,” said Tim Cook, Apple’s CEO. “Our Q3 results were driven by continued strong sales of iPhone, Services and Wearables, and we are very excited about the products and services in our pipeline.”
“Our strong business performance drove revenue growth in each of our geographic segments, net income of $11.5 billion, and operating cash flow of $14.5 billion,” said Luca Maestri, Apple’s CFO. “We returned almost $25 billion to investors through our capital return program during the quarter, including $20 billion in share repurchases.”
Apple provided the following guidance for its fiscal 2018 fourth quarter:
  • revenue between $60 billion and $62 billion
  • gross margin between 38 percent and 38.5 percent
  • operating expenses between $7.95 billion and $8.05 billion
  • other income/(expense) of $300 million
  • tax rate of approximately 15 percent before discrete items
Apple’s board of directors has declared a cash dividend of $0.73 per share of the Company’s common stock. The dividend is payable on August 16, 2018 to shareholders of record as of the close of business on August 13, 2018.

Editor's note: $AAPL shares are UP in after hours trading.

See also on Domain Mondo: Tech Review 1) Perils of Tech Stocks, 2) High Growth Tech Companies

source: Statista.com
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source: Statista.com
source: Statista.com
source: Statista.com

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