Apple Q117 expectations

“There will be two ways to interpret Apple’s 1Q17 earnings report,” Neil Cybart writes for Above Avalon. “On an absolute basis, Apple is going to report its best quarter yet. Records will likely be broken when it comes to quarterly revenue, gross profit, iPhone unit sales, Apple Watch unit sales, and Services revenue. However, if judging Apple by year-over-year growth, Apple will report simply an OK quarter. Most line items will show only modest improvement from 2016 results.”

There will be a few numbers holding extra importance when Apple reports 1Q17 results on Tuesday.

• iPhone ASP
• Other Products revenue
• iPad unit sales
• R&D expense
• 2Q17 guidance

“For Apple’s 1Q17 earnings report, I am publishing three expectations meters: iPhone sales, iPad, sales, and 2Q17 guidance. My iPhone unit sales expectation range stretches from 77M to 81M iPhones,” Cybart writes. “Turning to iPad, unit sales between 15M and 16M would fall within my expectations range. Unit sales in excess of 16.1M would signify the iPad has returned to unit sales growth… Apple looks to be in a good position to report a revenue guidance range that exceeds 2Q16 results, implying ongoing revenue growth. ”

Much more in the full article – recommendedhere.

MacDailyNews Take: Expect all-time quarterly record earnings, but, as is almost always the case, Q217 guidance will be very important.

Apple poised to return to growth with quarterly results on Tuesday – January 30, 2017
What to expect from Apple’s Q117 earnings call next Tuesday – January 26, 2017
Apple to release Q117 earnings, webcast live conference call on January 31st – January 18, 2017


  1. Neil Cybart displays the same myopia as the others. He has a table showing 22% increase in services, but ONLY focuses on iPhone sales. The services alone has become a Fortune 500 company but none of them want to talk about that.

    Like Bugs Bunny used to say ..”What a maroon.”

  2. I’m using my iPad Pro as my portable. It’s awesome and it’s bothersome. iOS has limits and I need more of macOS on my portable. I’m not forking over 3k for a laptop that gets 3 hrs use. This is Apple’s dilemma. I understand the report from Apple that the newest MacBook Pro has more orders than any laptop Apple has made BUT that’s only because they didn’t update the Pro line for such a long time and people just jumped to get one. Now everyone is looking at the MacBook Pro lineup and thinking they fall short. I’m not buying one. I think the consensus is that most people would like the option of a touchscreen not just a touch bar and at least a full day’s usage on a single charge.

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