Apple expected to report first decline in full year-on-year revenue in 15 years

[HCK]

Apple expected to report first decline in full year-on-year revenue in 15 years

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<p>Apple is <a href="https://9to5mac.com/2016/10/03/aapl-q4-2016-earnings-call-date/" target="_blank">due to announce[/url] its fiscal Q4 (calendar Q3) earnings today at 2pm PT/5pm ET, and the news isn’t expected to be good.</p>
<p>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 …</p>
<p> <a href="https://9to5mac.com/2016/10/25/aapl-earnings-call-q4-2016-analysts/#more-451395" class="more-link">more…[/url]</p>
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Source: Apple expected to report first decline in full year-on-year revenue in 15 years