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LIVE: Here comes Apple's Q3 earnings (AAPL)

Posted July 31, 2018 2:27 PM
LIVE: Here comes Apple's Q3 earnings (AAPL)

Tim Cook happy

Apple will report its fiscal third-quarter earnings on Tuesday after markets close.

Typically, the three months ending in June are the slowest in terms of iPhone sales and revenue.

But analysts are still looking for hints about Apple's iPhone launch this fall, whether the Trump administration trade war could affect the iPhone maker, and if Apple can become the first U.S. company with a $1 trillion market cap. 

Here are Wall Street's expectations for the key statistics, via Bloomberg data: 

EPS (GAAP): $2.18

Revenue: $52.42 billion

Gross margin: 38.3%

iPhone unit sales: 41.6 million

iPhone average selling price: $699

Services revenue: $9.22 billion

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