LIVE: Here comes Apple's Q3 earnings

LIVE: Here comes Apple's Q3 earnings

Tim Cook happy
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Apple will report its fiscal third-quarter earnings on Tuesday after markets shut.

Typically, the three months ending in June are the slowest when it comes to iPhone gross sales and income.

But analysts are nonetheless searching for hints about Apple’s iPhone launch this fall, whether the Trump administration trade war could affect the iPhone maker , and if Apple can turn into the primary U.S. firm with a $1 trillion market cap.

Here are Wall Street’s expectations for the important thing statistics, by way of Bloomberg knowledge:

EPS (GAAP) : $2.18

Revenue : $52.42 billion

Gross margin : 38.three%

iPhone unit gross sales : 41.6 million

iPhone common promoting worth : $699

Services income : $9.22 billion

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