Apple to announce Q1 2021 earnings on January 27

Apple has updated that its next earnings call for the first fiscal quarter of 2021 (fourth calendar quarter) will be shared on Wednesday, January 27.

In the first quarter of 2020, Apple brought $91.8 billion in revenue and $22.2 billion in net quaraterly profit. And in the full fiscal year, Apple generated $274.5 billion in sales with $57.4 billion in net income.

This year’s first-quarter earnings will be about iPhone 12 models along with M1 Mac models sales, as the products were launched in October and couldn’t make it into Apple’s fourth-quarter 2020 fiscal results.

The company has not provided any official guidance for the first fiscal quarter of 2021 because of the economic uncertainties due to the COVID-19 pandemic. The earnings statement will be released at 2PM Pacific Time/5PM Eastern Time, followed by a conference call to discuss the report with investors.

You can access the meeting by visiting the Virtual Shareholder Meeting website on the day of the meeting.