Apple to An**unce Q3 2016 Earnings on July 26
 

Apple this evening updated its investor relations page to **te that the earnings an**uncement for the third fiscal quarter (second calendar quarter) of 2016 will take place on Tuesday, July 26.

In Q2 2016, Apple saw its first year-over-year revenue decline since 2003 along with its first ever drop in iPhone sales, and that downward trend is expected to continue into the third quarter of the year.

http://cdn.macrumors.com/article-new...16earnings.jpg
During its last earnings call, Apple's guidance included expected Q3 2016 revenue of $41 to $43 billion and gross margin between 37.5 and 38 percent.

The quarterly earnings statement will be released at 1:30 PM Pacific/4:30 PM Eastern, with a conference call to discuss the report taking place at 2:00 PM Pacific/5:00 PM Eastern. MacRumors will provide coverage of both the earnings release and conference call on July 26.
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