Apple is scheduled to publish its fiscal Q3 results on Tuesday, July 26, reporting on another challenging quarter that is likely to see revenues and margins contract on a year-over-year basis amid sluggish iPhone and Mac sales. Apple has guided for revenues of between $41 billion and $43 billion for the quarter, with gross margins in the range of 37.5% to 38%. Below we provide some of the key trends to watch when Apple publishes earnings.
We have a $123 price estimate for Apple, which is close to 30% ahead of the current market price.

from Forbes – Tech http://ift.tt/2afVfPT
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