Apple will report for the first fiscal quarter of 2018 February 1,
03.01.2018 Erika J. Wells 0 Comments
The first of February 2018 Apple will hold a conference at which will tell about the results of the first fiscal quarter of 2018, according to Cult of Mac.
The first quarter of the fiscal year coincides with the fourth quarter of the calendar year, which accounts for the major holidays, and sales. This is the hottest sales period for all corporations.
Information about the success of the iPhone X could spur growth of Apple shares and cause the company’s capitalization will finally reach one trillion dollars. Although it is possible that the company will not provide detailed statistics, and will report only the total sales of smartphones. This step can be regarded as a signal indicating that demand for the flagship model have been below expectations.
In the last fiscal fourth quarter of 2017, Apple reported on 2 November. Then the revenues of the Corporation reached 52.6 billion dollars. This exceeded the forecasts of stock market analysts who predicted that Apple’s revenue will be of 50.7 billion dollars. The majority of experts believes that this sales level is due to the high demand for the iPhone 8 and iPhone 8 Plus.
Very soon will be known, will establish whether the first financial quarter of 2018 a new record of the company’s revenues.
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