Apple to report FY 18 Third Quarter Results on July 31, 2018

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Apple has announced that it will report FY 18 Third Quarter Results on Tuesday, July 31, 2018.

Apple reported its best March quarter ever earlier this year, bringing in $61.1B in revenue on the back of 52.2 million iPhone sales and strong services growth. Notably, iPhone X handset sales drove iPhone’s average selling price to $728.30, a market increase from $655 in the second quarter of 2017.

Apple is forecasting revenue between $51.5 billion and $53.5 billion, with a gross margin of between 38 percent and 38.5 percent.

A conference call will be webcast as normal 2:00 p.m. PT / 5:00 p.m. ET and you can listen here.


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