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Apple Forecasts Quarterly Sales That Top Analysts’ Estimates
Apple Forecasts Quarterly Sales That Top Analysts’ Estimates
01 Aug 2018, 02:04 AM IST
(Bloomberg) -- Apple sees fiscal 4Q revenue $60 billion to $62 billion vs estimate $59.4 billion.
- 3 iPhone units sold 41.3 million vs estimate 41.6 million (10 estimates compiled by Bloomberg News)
- 3Q EPS $2.34 vs estimate $2.18
- 3Q revenue $53.3 billion vs estimate $52.4 billion
- Sees 4Q operating expenses $7.95 billion to $8.05 billion
- Sees 4Q tax rate about 15%
- Apple shares gain 2.7% as of 4:32 p.m. in New York.
To contact the reporter on this story: Molly Kissler in New York at mkissler@bloomberg.net
To contact the editor responsible for this story: Lauren Berry at lberry4@bloomberg.net
©2018 Bloomberg L.P.
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