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Title : Getting Ready For Apple's Earnings -- After Market Closes -- July 31, 2018
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Getting Ready For Apple's Earnings -- After Market Closes -- July 31, 2018

Previously posted:

It will be interesting to see if this is validated in Apple's earning, due to be reported after the market closes on Tuesday, July 31, 2018. Earnings forecast: $2.18. Range: $2.10 - $2.28/share.

The third quarter earnings for past years have been circles in the graphic below; easy to read.

But let's look at revenue (link here):

• average: $52.34 billion
• range: $49 - $53.49 billion
• $52.34 billion will be the best quarter ever except for first quarters which is always Apple's best quarter, with three exceptions:
• • 4Q17: $52.6 billion
  • 2Q17: $52.9 billion
  • 2Q15: $58 billion -- iPhone 6 and IOS 8.0 released in September, 2014, perhaps the biggest update since the iPhone was first released

If AAPL meets consensus, it will be the second best showing for the 3Q in the last several years:

https://ift.tt/2dZyQXu

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