Apple will announce its first quarter earnings tomorrow for the 2016 fiscal year, a three-month period that ended December 31, 2015. Financial analysts predict Apple's quarterly revenue will range between $74.6 billion and $82.4 billion, but some market watchers are unsure if Apple will top the record 74.5 million iPhones it sold in the year-ago quarter, due to perceived lower iPhone 6s sales.
iPhone 6s sales concerns might be more evident in Q2 2016, however, as Apple's newest products and services, including the Apple Watch, Apple Music and the new Apple TV, coupled with the busy holiday shopping season, fuel projections that Apple will again report the most profitable holiday quarter in not only the iPhone maker's nearly 40-year history, but of any company ever.
Apple's guidance is between $75.5 billion and $77.5 billion in quarterly revenue, while the consensus among professional analysts is around $76.5 billion.
Fortune has compiled a list of predictions from both amateur and professional analysts, along with Apple's guidance in orange.
Apple has never experienced a year-over-year decline in iPhone sales, so the next few quarterly earnings results will be interesting to follow. MacRumors will be providing live coverage of Apple's Q1 2016 earnings conference call with CEO Tim Cook and CFO Luca Maestri on Tuesday at around 2:00 p.m. Pacific (5:00 p.m. Eastern). The earnings report will be released around 1:30 p.m. Pacific (4:30 p.m. Eastern).
Friday January 17, 2025 2:42 pm PST by Joe Rossignol
iOS 19 is still around six months away from being announced, but a new leak has allegedly revealed a completely redesigned Camera app.
Based on footage it obtained, YouTube channel Front Page Tech shared a video showing what the new Camera app will apparently look like, with the key change being translucent menus for camera controls. Overall, the design of these menus looks similar to...
Sunday January 19, 2025 6:58 am PST by Joe Rossignol
Apple on late Saturday removed TikTok from the App Store in the U.S., and it has now explained why it was required to take this action.
Last year, the U.S. passed a law that required Chinese company ByteDance to divest its ownership of TikTok due to potential national security risks, or else the platform would be banned. That law went into effect today, and companies like Apple and Google...
Thursday January 16, 2025 6:45 am PST by Joe Rossignol
Apple today adjusted estimated trade-in values for select iPhone, iPad, Mac, and Apple Watch models in the U.S., according to its website.
Some values increased, while others decreased. The changes were not too significant, with most values rising or dropping by $5 to $50.
We have outlined some examples below:
Device
New Value
Old Value
iPhone 15 Pro Max
Up to $630
U ...
Thursday January 16, 2025 12:39 pm PST by Juli Clover
Apple provided the third beta of iOS 18.3 to developers today, and while the betas have so far been light on new features, the third beta makes some major changes to Notification Summaries and also tweaks a few other features.
Notification Summary Changes
Apple made multiple changes to Notification Summaries in response to complaints about inaccurate summaries of news headlines.
For...
Saturday January 18, 2025 10:28 am PST by Joe Rossignol
iOS 19 will not drop support for any iPhone models, according to French website iPhoneSoft.fr.
The report cited a source who said iOS 19 will be compatible with any iPhone that can run iOS 18, which would mean the following models:
iPhone 16
iPhone 16 Plus
iPhone 16 Pro
iPhone 16 Pro Max
iPhone 15
iPhone 15 Plus
iPhone 15 Pro
iPhone 15 Pro Max
iPhone 14
iPhon...
Sunday January 19, 2025 8:11 am PST by Joe Rossignol
After a four-year wait, a new AirTag is finally expected to launch in 2025. Below, we recap rumored upgrades for the accessory.
A few months ago, Bloomberg's Mark Gurman said Apple was aiming to release the AirTag 2 around the middle of 2025. While he did not offer a more specific timeframe, that means the AirTag 2 could be announced by the end of June.
The original AirTag was announced...
Friday January 17, 2025 3:38 pm PST by Juli Clover
For the last several months, we've been hearing rumors about a redesigned version of the iPhone 17 that Apple might call the iPhone 17 "Air," or something along those lines. It's going to replace the iPhone 17 Plus as Apple's fourth iPhone option, and it will be offered alongside the iPhone 17, iPhone 17 Pro, and iPhone 17 Pro Max.
We know the iPhone 17 Air is going to be super slim, but...
Monday January 20, 2025 9:01 am PST by Joe Rossignol
A new iPhone SE is widely rumored to launch this year, and the device has potentially been confirmed today by known leaker Evan Blass.
In a private social media post, Blass shared an image of what appears to be source code mentioning an iPhone SE (4th Gen), which casts doubt on the alternative "iPhone 16E" name rumored for the device. However, the name in the source code could be a...
No matter what Apple says tomorrow, good or bad, Wall Street and the tech media are out for blood. It will be spun as negative as possible. If iPhones grow again, it will not be by enough units. If they don't grow, it will be doom and gloom for the company in general. They are in a can't win situation when it comes to earnings announcements.
Apple's guidance is between $75.5 billion and $77.5 billion in quarterly revenue, while the consensus among professional analysts is around $76.5 billion.
When will we stop obsessing over impossibly endless and unsustainable growth and start to appreciate good, stable, comfortable, and long-lasting business?
