Apple (AAPL) Reports Q3: Everything You Need To Know Ahead Of Earnings

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iPhone and iPad maker Apple (NASDAQ: AAPL) will be reporting results this Thursday after the bell. Here’s what you need to know.

Apple beat analysts’ revenue expectations by 5% last quarter, reporting revenues of $94.04 billion, up 9.6% year on year. It was an exceptional quarter for the company, with We were also happy its revenue narrowly outperformed Wall Street’s estimates and a solid beat of analysts’ revenue estimates.

Is Apple a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Apple’s revenue to grow 7% year on year to $101.6 billion, in line with the 6.1% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.77 per share.

Apple Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Apple has missed Wall Street’s revenue estimates twice over the last two years.

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