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Apple’s Q2 2016 Earnings Call Starts at 2pm PT/5pm ET (1600UTC)

Accepted submission by martyb at 2016-04-26 16:52:05
Business

According to Ars Technica, Apple is expected to report its first year-over-year decline since 2003. [arstechnica.com] This is in the shadows of a surge in sales of the iPhone 6 and 6 Plus last year which boosted revenue in Q2 2015 to $58 billion. Apple's forecasts of between $50-$53 billion are still higher than the $45.6 billion it reported for Q2 of 2014.

Though I am not personally interested in Apple's products, there are a great many people who are, and their responses to this news can have a major effect on other vendor's plans, as well. It will be interesting to see what comes of it.

For those who can't wait, Ars will be holding a live stream [arstechnica.com] (Javascript required) of the report.


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