Apple will report results for its 1st fiscal 2020 quarter on January 28

Apple will report results for its 1st fiscal 2020 quarter on January 28

Apple today announced that it will release its financial results for the fiscal first quarter of 2020 (equivalent to the fourth quarter of last year) on January 28, a Tuesday, at 7 pm Brasília time.

Apple’s official forecasts for the period are: revenue of $ 85.5-89.5 billion, gross margin between 37.5% and 38.5%, operating expenses between US $ 9.6 and US $ 9.8 billion, other income / (expenses) of US $ 200 million and a tax rate of approximately 16.5%.

In the same period of 2019, it released a revenue of $ 84.3 billion. In other words, according to Apple’s own forecasts, it will most likely register (good) annual growth.

THE MacMagazine, as always, will provide full coverage of the occasion. Stay tuned!

tip from Matheus A. Paes Mendonça