Apple is signaling a huge fourth quarter and Wall Street is loving it

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Tuesday, 1 August 2017

Apple is signaling a huge fourth quarter and Wall Street is loving it

Tuesday, 1 August 2017 by Muhammad Ifzal

Apple set its expectations for the fourth quarter above what Wall Street was looking for today in its earnings report — just in time for a huge iPhone launch coming up soon. Apple said it expected to generate between $49 billion and $52 billion in the fourth quarter. The midpoint of that falls above what Wall Street expected — around $49.2 billion — and it alludes to a… Read More