Why Is Apple Inc. Reporting Its Fourth-Quarter Results So Late?

Apple (NASDAQ: AAPL) recently announced that it plans to report its financial results for the fourth quarter of its fiscal year 2017 on Nov. 2. This, as some have pointed out, is late compared to when Apple has reported fourth-quarter results in previous fiscal years.

During fiscal year 2016, Apple reported its fourth-quarter results on Oct. 25. In the year prior to that, it reported fourth-quarter results on Oct. 27. And the year before that, the company reported its results on Oct. 20.

Image source: Apple.

Source: Fool.com