Apple is due to announce its fiscal Q4 (calendar Q3) earnings today at 2pm PT/5pm ET, and the news isn’t expected to be good.
The company’s own guidance calls for a third consecutive quarter of year-on-year declining revenue. That would mean total revenue for its 2016 fiscal year of around $215B, 8% down on the previous year – making it the company’s first year-on-year decline since 2001 …
more…Filed under: Apple
