“My 3Q18 iPhone sales expectation range is for Apple to report between 41M and 45M units,” Cybart writes. ” If Apple reports close to $4 billion of “Other Products” revenue, the implication is that Apple Watch and AirPods were strong sellers in 3Q18. In addition, Apple would have likely sold a respectable number of HomePods. A result closer to $3 billion of revenue would reflect somewhat weak wearables sales. ”
Cybart writes, “Revenue guidance that exceeds $60 billion would be viewed favorably while revenue guidance closer to $56B to $57B would likely lead to analysts wanting additional clarification from management on the earnings call.”
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MacDailyNews Note: As usual, we’ll have Apple’s results just after market close tomorrow. Check our homepage right around 4:30pm EDT.
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