“Later today, at about 4.30 PM ET, Apple will announce its financial earnings results for fiscal Q2,” Benjamin Mayo reports for 9to5Mac.
“Using data compiled by Philip Elmer-Dewitt (subscription required to see full article), analysts are expecting negative growth numbers across the board,” Mayo reports. “Elmer-Dewitt’s data suggests consensus of $52.2 billion revenue (a 10% decline), 51 million iPhones (a 15% decline), 9.9 million iPads (a 20% decline) with Mac sales constant at 4.5 million.”
Mayo reports, “The revenue decline is particularly notable, as it’s the first time company revenue will decline YOY since 2003.”
Read more in the full article here.
MacDailyNews Take: There will be much ado about nothing and then good news will come soon around WWDC.