apple to announce q1 2019 earnings on january 29, iphone unit sales won't be included

Apple today updated its investor relations page to announce that it will share its earnings for the first quarter of 2019 on Tuesday, January 29..   Along with the notice on Apple today also announced revised guidance for the first quarter.   Apple now expects revenue of $84 billion and gross margin of 38 percent, down from guidance of $89 to $93 billion provided November during the quarter earnings call..   Supply constraints on Apple Watch Series 4, iPad Pro, AirPods, and MacBook Air.   The earnings call will provide more detailed information on Apple's revised guidance, Mac, and iPad.   It marks major change in the way that Apple's sales data is reported, making estimating iPhone, Mac, and iPad product sales more difficult.   At the time the change was announced, unit sales over the course of period are indicator of the underlying strength of its business..   Apple CEO Tim Cook today provided CNBC with little more info on its decision, pointing out that the company never offered Apple Watch sales data because of the price range and the lack of value in sharing sales numbers.   It's sort of like you and I going to the grocery store and putting things in our cart and coming up to the register and the person saying 'how many you got..   Cook says that the data that it was providing to investors was conflating its value and its usefulness to determining the state of Apple's business..   Read more