ahlam1399
07-25-2016, 06:23 PM
Apple will report its fiscal third quarter earnings results (http://www.macrumors.com/2016/06/27/apple-to-an**unce-q3-2016-earnings-on-july-26/) tomorrow, and both the company and analysts project a year-over-year decline in iPhone sales and overall revenue for a second consecutive quarter (http://www.macrumors.com/2016/04/26/apple-forecasts-a**ther-revenue-decline-q3-2016/).
http://cdn.macrumors.com/article-new/2014/09/iphone6design.jpg
Apple expects third quarter revenue of between $41 billion and $43 billion, which would be up to 18 percent lower than the $49.6 billion in revenue it posted in the year-ago quarter. The consensus among analysts is around $42.1 billion (http://www.wsj.com/articles/apple-is-ripe-for-a-rally-1469376231) in revenue, which is essentially the midpoint of Apple's guidance.
Analysts estimate that Apple sold at least a**ther 40 million iPhones during the June quarter, raising lifetime sales of the smartphone to some 987 million. Applying that sales rate to July -- just over 13 million iPhones per month -- it is likely that Apple will have sold its billionth iPhone (https://next.ft.com/content/3e2b61a2-500a-11e6-8172-e39ecd3b86fc) between **w and the end of this month.
http://cdn.macrumors.com/article-new/2016/07/1-billion-iPhones.png
The milestone comes at a time when iPhone sales are on the decline for the first time since the smartphone launched in 2007, an arguably inevitable lull following the smash-hit success of the larger-screened iPhone 6 (http://www.macrumors.com/roundup/iphone-6/) ******. The decline has affected Apple shares, which are down around 21 percent from a 52-week high of $123.91.
Nevertheless, many Wall Street firms expect iPhone growth to resume in 2017. The good news could extend to Apple's stock, as The Wall Street Journal yesterday reported (http://www.wsj.com/articles/apple-is-ripe-for-a-rally-1469376231) that its "shares have been punished more than e**ugh" and are due for a rally. It said the decline in iPhone sales "appears priced in."Still, Apple has been punished more than e**ugh. The iPhone slump appears priced in. And while the next iPhone, expected later this year, likely won?t be a significant upgrade, there is optimism that sales growth will soon bounce back. Analysts forecast iPhone unit sales will rise 5% for fiscal 2017, which ends next September.Apple analyst Brian White of Drexel Hamilton reiterated his "buy" rating for AAPL today, based on a projected price target of $185. After briefly touching the $100 mark (http://www.macrumors.com/2016/07/18/aapl-rises-above-100-first-time-six-weeks/) last week for the first time since early June, Apple shares are currently trading around the $98 mark, a price that some analysts feel undervalues the company.
Apple is expected to introduce a wide range of new products in the second half of 2016 that could further raise its stock price, including the iPhone 7 (http://www.macrumors.com/roundup/iphone-7/), Apple Watch 2 (http://www.macrumors.com/roundup/apple-watch-2/), and long-awaited 2016 MacBook Pro (http://www.macrumors.com/roundup/macbook-pro/).
Apple's third quarter earnings results will be released at 1:30 p.m. Pacific Time, followed by a conference call with CEO Tim Cook (http://www.macrumors.com/roundup/tim-cook/) and CFO Luca Maestri at 2:00 p.m. Pacific Time. MacRumors will be providing live coverage of the news.
Tag: AAPL (http://www.macrumors.com/roundup/aapl/)
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http://cdn.macrumors.com/article-new/2014/09/iphone6design.jpg
Apple expects third quarter revenue of between $41 billion and $43 billion, which would be up to 18 percent lower than the $49.6 billion in revenue it posted in the year-ago quarter. The consensus among analysts is around $42.1 billion (http://www.wsj.com/articles/apple-is-ripe-for-a-rally-1469376231) in revenue, which is essentially the midpoint of Apple's guidance.
Analysts estimate that Apple sold at least a**ther 40 million iPhones during the June quarter, raising lifetime sales of the smartphone to some 987 million. Applying that sales rate to July -- just over 13 million iPhones per month -- it is likely that Apple will have sold its billionth iPhone (https://next.ft.com/content/3e2b61a2-500a-11e6-8172-e39ecd3b86fc) between **w and the end of this month.
http://cdn.macrumors.com/article-new/2016/07/1-billion-iPhones.png
The milestone comes at a time when iPhone sales are on the decline for the first time since the smartphone launched in 2007, an arguably inevitable lull following the smash-hit success of the larger-screened iPhone 6 (http://www.macrumors.com/roundup/iphone-6/) ******. The decline has affected Apple shares, which are down around 21 percent from a 52-week high of $123.91.
Nevertheless, many Wall Street firms expect iPhone growth to resume in 2017. The good news could extend to Apple's stock, as The Wall Street Journal yesterday reported (http://www.wsj.com/articles/apple-is-ripe-for-a-rally-1469376231) that its "shares have been punished more than e**ugh" and are due for a rally. It said the decline in iPhone sales "appears priced in."Still, Apple has been punished more than e**ugh. The iPhone slump appears priced in. And while the next iPhone, expected later this year, likely won?t be a significant upgrade, there is optimism that sales growth will soon bounce back. Analysts forecast iPhone unit sales will rise 5% for fiscal 2017, which ends next September.Apple analyst Brian White of Drexel Hamilton reiterated his "buy" rating for AAPL today, based on a projected price target of $185. After briefly touching the $100 mark (http://www.macrumors.com/2016/07/18/aapl-rises-above-100-first-time-six-weeks/) last week for the first time since early June, Apple shares are currently trading around the $98 mark, a price that some analysts feel undervalues the company.
Apple is expected to introduce a wide range of new products in the second half of 2016 that could further raise its stock price, including the iPhone 7 (http://www.macrumors.com/roundup/iphone-7/), Apple Watch 2 (http://www.macrumors.com/roundup/apple-watch-2/), and long-awaited 2016 MacBook Pro (http://www.macrumors.com/roundup/macbook-pro/).
Apple's third quarter earnings results will be released at 1:30 p.m. Pacific Time, followed by a conference call with CEO Tim Cook (http://www.macrumors.com/roundup/tim-cook/) and CFO Luca Maestri at 2:00 p.m. Pacific Time. MacRumors will be providing live coverage of the news.
Tag: AAPL (http://www.macrumors.com/roundup/aapl/)
Discuss this article (http://forums.macrumors.com/threads/apple-q3-2016-earnings-preview.1984446/) in our forums
http://feeds.feedburner.com/~ff/MacRumors-All?d=6W8y8wAjSf4 (http://feeds.macrumors.com/~ff/MacRumors-All?a=X5Kb5YlD1Lg:uaqmoePpccU:6W8y8wAjSf4) http://feeds.feedburner.com/~ff/MacRumors-All?d=qj6IDK7rITs (http://feeds.macrumors.com/~ff/MacRumors-All?a=X5Kb5YlD1Lg:uaqmoePpccU:qj6IDK7rITs)
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أكثر... (http://www.macrumors.com/2016/07/25/apple-q3-2016-earnings-preview/)