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Apple Earnings: What to Watch

July 21, 2015

Via: itCurated
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Apple Inc. is scheduled to report results for its fiscal third quarter ended June 27 after the market closes on Tuesday. Here’s what you need to know.

—EARNINGS FORECAST: Earnings of $1.79 a share is the consensus of analysts surveyed by Thomson Reuters, compared with $1.28 a year earlier. The company hasn’t provided earnings guidance for the quarter but in April said it expects gross margin to range between 38.5% and 39.5%.

—REVENUE FORECAST: Revenue of $49.31 billion is forecast by analysts, compared with $37.43 billion reported a year earlier. In April, Apple forecast quarterly revenue between $46 billion and $48 billion.

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