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Home » Full Transcript: Tim Cook at Apple Q3 2020 Earnings Conference Call

Full Transcript: Tim Cook at Apple Q3 2020 Earnings Conference Call

On October 29, Apple announced financial results for its fiscal 2020 fourth quarter ended September 26, 2020. Below is the full edited verbatim transcript of the earnings call conference event.

Listen to the MP3 Audio here:

TRANSCRIPT:

Operator: Good day everyone and welcome to the Apple Incorporated fourth quarter fiscal year 2020 earnings conference call. Today’s call is being recorded. At this time for opening remarks and introductions, I would like to turn things over to Tejas Gala, Senior Analyst, Corporate Finance and Investor Relations. Please go ahead, sir.

Tejas Gala – Senior Manager, Corporate Finance and Investor Relations

Thank you. Good afternoon and thank you for joining us. Speaking first today is Apple’s CEO, Tim Cook, and he will be followed by CFO, Luca Maestri. After that, we’ll open the call to questions from analysts.

Please note that some of the information you’ll hear during the discussion today, will consist of our forward-looking statements including without limitation those regarding revenue, gross margin, operating expenses, other income and expense, taxes, capital allocation and future business outlook, including the potential impact of COVID-19 on the company’s business, and results of operations.

These statements involve risks and uncertainties that may cause actual results or trends to differ materially from our forecasts. For more information, please refer to the risk factors discussed in Apple’s most recently filed Annual Report on Form 10-K and the Form 8-K filed with the SEC today, along with the associated press release. Apple assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates.

I’d now like to turn the call over to Tim for introductory remarks.

Tim Cook – Chief Executive Officer

Thanks Tejas. Good afternoon and thanks for joining the call today.

Back in April, I said we were in the most challenging environment in which Apple as a company has ever operated.