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To: Swordmaker
Apple today announced financial results for its fiscal 2016 second quarter ended March 26, 2016.

Umm....Q216 ends on June 30th, 2016.

Or doesn't Apple use a calendar year?

25 posted on 04/27/2016 6:07:38 AM PDT by Bloody Sam Roberts (#BlackOlivesMatter)
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To: Bloody Sam Roberts
Or doesn't Apple use a calendar year?

Apple's uses a fiscal year in which Q1 ends the day after Christmas. I assume there is a reason they want iPhone launches and Christmas shopping season in the first quarter, but I don't know what it is.

29 posted on 04/27/2016 10:48:02 AM PDT by ReignOfError
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To: Bloody Sam Roberts
Or doesn't Apple use a calendar year?

No, Apple doesn't use a calendar year. Apple's Fiscal year starts on the last Saturday of September at 5PM Pacific Time. Ergo their first Fiscal Quarter ends on the last Saturday of December same time, the second Fiscal Quarter ends the last Saturday of March same time, and so on.

30 posted on 04/27/2016 11:44:22 AM PDT by Swordmaker (This tag line is a Microsoft insult free zone... but if the insults to Mac users continue..)
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