Apple to report its latest quarterly finances on May 1

Apple will report its quarterly earnings for its second fiscal quarter of 2018 on Tuesday, May 1, at 2 p.m. (Pacific). The tech giant will live stream the announcement. 

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Here’s the guidance Apple has provided for the second quarter of 2018:

  • Revenue between $60 billion and $62 billion;
  • Gross margin between 38% and 38.5%;
  • Operating expenses between $7.6 billion and $7.7 billion;
  • Other income/(expense) of $300 million; 
  • A tax rate of approximately 15%.