Apple is preparing for its Q1 2023 earnings report

Apple is preparing to announce its first fiscal quarter of the year, as revealed in an update on its investor relations page.

Apple

The earnings report for Q1 2023 will be unveiled on Thursday, February 2, and provides some insight into how well the new iPad models, the Apple Watch Ultra and Series 8, the AirPods Pro 2, and the iPhone 14 lineup fared over the holiday season.

The numbers may be lower than expected due to the supply restrictions Apple had last year. The statement is expected to be released at 4:30 PM EST, along with a conference to discuss the data at 5:00 PM EST. Apple’s inability to meet demand is likely to impact holiday sales and the overall figure.

The Cupertino-based company has yet to disclose guidance, but for reference, it’s worth noting that Q1 2022 had net quarterly earnings of $34.6 billion and reported revenue of $123.9 billion.

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