LIVE: APPLE EARNINGS
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Apple CEO Tim Cook
Apple will report its September quarter earnings after the market closes on Tuesday.
This is Apple’s fourth quarter for the fiscal year. The stock is down for the year but has had a good recent string of weeks.
The focus will be on iPhone sales, which is Apple’s most important product.
The street is expecting Apple to have sold 45 million iPhones during the quarter, which would be down from 48 million during the same period last year.
Only a few weeks of
Here’s what analysts are expecting, via Bloomberg:
Q4 EPS (GAAP): $1.65
Q4 revenue: $46.9 billion
Gross margin: 37.9%
iPhone unit sales: 45 million
iPhone ASP: $625
iPad unit sales: 9.1 million
Mac unit sales: 5.1 million
Q1 revenue guidance: $75.3 billion
We’ll be updating the story and covering the earnings conference call live, so hit refresh or click here.
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