2020-07-30 19:20:42, Lisa Eadicicco, Business Insider

Content Categorization
/Business & Industrial
/News/Business News/Company News

Word Count:


Reading Time:
3.17 min

Reading Quality:

13th to 15th

Media Sentiment
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RCS Analysis
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Apple is about to report its fiscal third-quarter earnings, and analysts are expecting quarterly revenue to drop slightly compared to the same quarter one year ago.

Apple will report its fiscal third-quarter earnings on Thursday after the market closes.

Given the economic impacts of the coronavirus pandemic, which has walloped global smartphone sales according to the International Data Corporation, analysts are looking to Apple's services business for growth.

In its third-quarter of 2019, Apple earned $2.18 a share.iPhone revenue: Apple posted iPhone revenue of $25.9 billion in its fiscal third-quarter 2019.

The results come just after CEO Tim Cook testified before Congress about the company's App Store policies, an important part of Apple's growing services business.

Apple Watch, Lisa Eadicicco, Apple, App Store, apple earnings, Tech, iPhone, Apple earnings Q3 2020, Finance

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