Apple Expected to Report Its Best Fourth Quarter Ever Today Following iPhone XS and iPhone XS Max Launch

@macrumors -

@macrumors—Apple is set to report its earnings results for the fourth quarter of its 2018 fiscal year at 1:30 p.m. Pacific Time today. The quarter began July 1, 2018 and ran through September 29, 2018, according to Apple's fiscal year accounting calendar. Apple provided the following guidance for the quarter back on July 31:revenue of $60 billion to $62 billion gross margin between 38 and 38.5 percent op. ex. of $7.95 billion to $8.05 billion other income/expense of $300 million tax rate of...

What to expect from Apple's fourth quarter earnings report. Due to the announced later today, Apple's fourth quarter results are expected by analysts to be a high point among tech company financial reports, with revenue buoyed by the introduction of the iPhone XS and iPhone XS Max and the product line's growing average selling price.