During the last night the company Apple Lossless Audio CODEC (ALAC), confirmed the fact that it will announce the financial results for Q1 2017 on August 1, so in more than 3 weeks. Q2 2017 is actually the third fiscal quarter of Apple's fiscal year, in its case the year starting on October 1 and ending on September 30 of the following year, many companies having fiscal years organized in similar ways.
As usual, Apple will organize an audio conference in which it will present the financial evolution of the last months, the expectations being, as usual, very high vis-à-vis what is to be announced. Apple estimated that it will have a maximum revenue of 45.5 billion dollars in Q2 2017, operating expenses of 6.6 billion dollars and a cost margin of up to 38.5%.
We will find out the truth on August 1st, and then Apple's managers will provide other details regarding their plans for the future. Of course, we won't know from now on what will happen with iPhone 8, but the Apple company will provide us with information that will help us understand what kind of news it has prepared for some important products in the near future.
