February 4, 2023
Apple Will Announce FY 23 First Quarter Results on February 2

Apple Will Announce FY 23 First Quarter Results on February 2

Posted January 5, 2023 at 3:59am by iClarified · 1990 views
Apple will announce its FY 2023 first quarter results on February 2, 2023, according to an investor update.

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FY 23 First Quarter Results
Apple's conference call to discuss first fiscal quarter results and business updates is scheduled for
Thursday, February 2, 2023 at 2:00 p.m. PT / 5:00 p.m. ET.

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While this quarter is typically Apple's most profitable, on November 6, 2022 the company issued a press release warning of significantly reduced iPhone 14 Pro production.

COVID-19 restrictions have temporarily impacted the primary iPhone 14 Pro and iPhone 14 Pro Max assembly facility located in Zhengzhou, China. The facility is currently operating at significantly reduced capacity. As we have done throughout the COVID-19 pandemic, we are prioritizing the health and safety of the workers in our supply chain.

These supply shortages likely reduced the revenue generated by Apple for the quarter but it remains to be seen by how much. Also interesting will be Apple's forecast for the next quarter. A recent report claims Apple has asked several suppliers to make fewer components for AirPods, Apple Watch, and MacBooks in Q1.

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Apple Will Announce FY 23 First Quarter Results on February 2
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