Analysts predict Apple is unlikely to show any intermittent growth when it released its second quarter results.
According to CNET, polling analysts for their predictions on Apple's second fiscal quarter, which ended in March, Fortune found an average revenue estimate of $43.5 billion. That forecast is actually a bit lower than the $43.6 billion in sales that Apple reported during last year's second quarter.
Analysts such as Piper Jaffray's Gene Munster anticipated revenues to be close to 44 billion dollars whereas Wells Fargo's Maynard Um expects about lower estimates of 44.3 billion dollars based on stunted sales of iPhone and iPad, the report added.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app