“When Apple reports its June quarter results today, it’s expected to post its second straight quarterly revenue decline,” Dan Frommer writes for Recode. “Specifically, analysts project Apple will report about $42 billion in revenue — down about 15 percent year over year — on about 40 million iPhone shipments.”

“Likely more interesting will be its forecast for the current September quarter, which is when it’s expected to launch its latest iPhone,” Frommer writes.

“Right now, analysts expect Apple to project September quarter sales around $46 billion,” Frommer writes. “If Apple’s projections are significantly higher than that — approaching $50 billion at the midpoint — it would imply a stronger-than-expected launch.”

Read more in the full article here.

MacDailyNews Take: As usual, Apple’s guidance will be key.

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