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LIVE: Apple Q2 earnings

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LIVE: Apple Q2 earnings

Tim Cook

Reuters

Apple CEO Tim Cook.

Apple will report its second fiscal quarterly earnings results after the market closes on Tuesday.

Apple stock hit an all-time high on Tuesday as investors anticipate a big second half of the year for the world’s most valuable public company. 

Although the first three months of the calendar year are typically Apple’s slowest sales period, coming right after the blowout holiday quarter, Apple is still expected to report revenue growth of 5% year-on-year.

That should be a happy sign for investors after 2016 saw Apple report its first annual revenue decline since 2001.

Here’s what Wall Street analysts are expecting, via Bloomberg:

  • Q2 EPS (GAAP): $2.02
  • Q2 revenue: $53.1 billion
  • Gross margin: 38.7%
  • iPhone unit sales: 51.4 million
  • iPhone Average Selling Price: $666 
  • 3Q quarter revenue guidance: $45.7 billion
  • 3Q margin guidance: 38.3%

We’ll be covering Apple’s results and its earnings conference call live, so click here to update this post with the latest info.

Visit Markets Insider for constantly updated market quotes for individual stocks, ETFs, indices, commodities and currencies traded around the world. Go Now!

Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.



✍ Sumber Pautan : ☕ Business InsiderBusiness Insider

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(✿◠‿◠)✌ Mukah Pages : Pautan Viral Media Sensasi Tanpa Henti. Memuat-naik beraneka jenis artikel menarik setiap detik tanpa henti dari pelbagai sumber. Selamat membaca dan jangan lupa untuk 👍 Like & 💕 Share di media sosial anda!

Tim Cook

Reuters

Apple CEO Tim Cook.

Apple will report its second fiscal quarterly earnings results after the market closes on Tuesday.

Apple stock hit an all-time high on Tuesday as investors anticipate a big second half of the year for the world’s most valuable public company. 

Although the first three months of the calendar year are typically Apple’s slowest sales period, coming right after the blowout holiday quarter, Apple is still expected to report revenue growth of 5% year-on-year.

That should be a happy sign for investors after 2016 saw Apple report its first annual revenue decline since 2001.

Here’s what Wall Street analysts are expecting, via Bloomberg:

  • Q2 EPS (GAAP): $2.02
  • Q2 revenue: $53.1 billion
  • Gross margin: 38.7%
  • iPhone unit sales: 51.4 million
  • iPhone
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Average Selling Price: $666 
  • 3Q quarter revenue guidance: $45.7 billion
  • 3Q margin guidance: 38.3%
  • We’ll be covering Apple’s results and its earnings conference call live, so click here to update this post with the latest info.

    Visit Markets Insider for constantly updated market quotes for individual stocks, ETFs, indices, commodities and currencies traded around the world. Go Now!

    Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.



    ✍ Sumber Pautan : ☕ Business InsiderBusiness Insider

    Kredit kepada pemilik laman asal dan untuk meneruskan bacaan di laman asal sila klik link atau copy paste ke web server : http://ift.tt/2qvjL4X

    (✿◠‿◠)✌ Mukah Pages : Pautan Viral Media Sensasi Tanpa Henti. Memuat-naik beraneka jenis artikel menarik setiap detik tanpa henti dari pelbagai sumber. Selamat membaca dan jangan lupa untuk 👍 Like & 💕 Share di media sosial anda!



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