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Apple financial results on April 30th

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Apple's second quarter 2020 results will be presented by the multinational on Tuesday April 30th. The announcement comes directly from Apple: like all the presentations of the financial results of Cupertino levento followed by observers, insiders but also enthusiasts, because it allows you to have a complete picture of the extension of the Apple business, especially when it comes to sales and turnover generated from iPhone, iPad, Mac and all other Apple product lines and services.

In January of this year, announcing the financial results of its first fiscal quarter 2020, closed on December 28, 2019, the multinational registered a quarterly turnover of a quarterly turnover of 91.8 billion dollars, an increase of 9 percent compared to the quarter of last year is the all-time high, and a quarterly earnings per diluted share of $ 4.99, up 19 percent and, again, the highest ever. International sales accounted for 61 percent of quarterly revenue.

Apple will present its fiscal second quarter financial results on April 30th

For the second quarter of fiscal year 2020, one had been provided guidance who pevedeva: turnover between 63.0 billion and 67.0 billion dollars and gross margin between 38.0 percent and 39.0 percent but on February 17 a press release was issued to explain that the guidance in question could not be more be considered reliable due to the coronavirus pandemic, the consequent slowdown in the production of iPhones, the closure of retail stores, various problems with suppliers.

It will be interesting to understand the impact of coronavirus on Apple sales, a problem that obviously affects other companies, probably not only for this quarter but for other quarters as well. Banks such as Goldman Sach at the end of March revised their previous forecasts downwards, predicting a much stronger contraction in the economy compared to the same period last year.