apple earnings transcript q2 2019
How did Apple perform in the second quarter of 2019?
Cupertino, California — April 30, 2019 — Apple today announced financial results for its fiscal 2019 second quarter ended March 30, 2019. The Company posted quarterly revenue of $58 billion, a decline of 5 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.46, down 10 percent.
How did Apple's earnings compare to last year?
Ahead of the iPhone maker’s latest earnings report, analysts were anticipating revenue in the $88.6 billion range — an estimated increase of 6.3% over the same period last year. In terms of the actual results, though? Apple’s revenue was tantamount to earnings per share of $1.29, topping the consensus analyst estimate of $1.27.
When is Apple's Q2 earnings release?
Apple is only a few days away from reporting fiscal Q2 earnings. The Cupertino company is scheduled to release its press release and hold a conference call on March quarter results on Thursday, April 28. As always, we will cover earnings day in real time, via live blog.
What is Apple's guidance for its fiscal 2019 third quarter?
Apple is providing the following guidance for its fiscal 2019 third quarter: Apple will provide live streaming of its Q2 2019 financial results conference call beginning at 2:00 p.m. PDT on April 30, 2019 at www.apple.com/investor/earnings-call/. This webcast will also be available for replay for approximately two weeks thereafter.
Contents
Prepared RemarksQuestions and AnswersCall Participants fool.com
Prepared Remarks
Operator Good day, and welcome to the Apple Incorporated Second Quarter Fiscal Year 2019 Earnings Conference Call. Today's call is being recorded. At this time for opening remarks and introductions, I would like to turn the call over to Nancy Paxton, Senior Director of Investor Relations. Please go ahead. Nancy Paxton -- Senior Director of Investor
Questions and Answers
Nancy Paxton -- Senior Director of Investor Relations Thank you, Luca. And we ask that you limit yourselves to two questions. Operator, may we have first question please? Operator Certainly. Our first question will come from Shannon Cross with Cross Research. Shannon Cross -- Cross Research -- Analyst Thank you very much for taking my question. Tim
Call Participants
Nancy Paxton -- Senior Director of Investor Relations Tim Cook -- Chief Executive Officer Luca Maestri -- Senior Vice President and Chief Financial Officer Shannon Cross -- Cross Research -- Analyst Samik Chatterjee -- JPMorgan -- Analyst Katy Huberty -- Morgan Stanley -- Analyst Jim Suva -- Citigroup -- Analyst Wamsi Mohan -- Bank of America Merri
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