Apple's 4Q 2016 Earnings report will provide a look at initial iPhone 7 and iPhone 7 Plus sales, giving us our first hint at how well the two devices have sold compared to the iPhone 6s and the iPhone 6s Plus.
Apple's guidance for the fourth quarter of fiscal 2016 includes expected revenue of $45.5 to $47.5 billion and gross margin between 37.5 and 38 percent, well below the revenue of $51.5 billion it saw in 4Q 2015.
Apple will release its quarterly Earnings statement at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time), with a conference Call to follow at 2:00 p.m. Pacific Time (5:00 pm. Eastern Time). MacRumors will provide live coverage of the results and the call. Discuss this article in our forums