Apple CFO Said Co Expects Revenue Performance For September Quarter To Be Similar To June Quarter; Expects Gross Margin To Be Between 44% And 45% For September Quarter - Conf Call
Portfolio Pulse from Charles Gross
Apple's CFO has announced that the company expects its revenue performance for the September quarter to be similar to that of the June quarter. The company also anticipates a gross margin between 44% and 45% for the September quarter.
August 04, 2023 | 2:50 pm
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Apple's revenue performance for Q3 is expected to be similar to Q2, with a projected gross margin between 44% and 45%.
The announcement by Apple's CFO about the expected revenue performance and gross margin for the September quarter is directly related to the company's financial performance. However, as it indicates a continuation of the previous quarter's performance, it is unlikely to cause significant changes in the stock price in the short term.
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IMPORTANCE 80
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