Supply issues were felt differently across product lineups during the quarter, however. Heading into the December quarter, Apple advised that it expected those supply headwinds could have a larger impact. Apple also launched its new 14-inch MacBook Pro and 16-inch MacBook Pro models with M1 Max and M1 Pro.īack in the September quarter, Apple noted that it had missed out on $6 billion of revenue because of semiconductor constraints and supply chain problems. The December quarter marked the first full quarter of availability for which Apple's iPhone 13 and iPhone 13 Pro. Wall Street is forecasting that Apple will report $118.3 billion in revenue, gross margins of 40.5%, and earnings-per-share of $1.89. However, it did say that it expects to set new revenue records despite increasing supply headwinds during the period. That means the company's Q1 2022 represented the holiday shopping quarter - Apple's busiest.Īs has been typical during the Covid-19 pandemic, Apple did not provide formal revenue guidance for the Q1 2022 quarter. During the call, Apple CEO Tim Cook and CFO Luca Maestri will take questions from analysts and discuss the company's holiday quarter performance.Īpple's first fiscal quarter corresponds with the fourth calendar quarter of a year.

27 and hold an hourlong investor call at 2 p.m. The company will announce its Q1 2022 results on Jan.