Tomorrow Apple will announce the economic results for the third quarter of the year. Analysts are already anxious to see how much Apple will earn this quarter and above all to see if iPhone sales continue to grow or sink. Wall Street has already released its prediction of what we can see tomorrow, highlighting the growth of the “Services” block.
In general, analysts have highlighted that iPhone sales could be growing by 2.4% year on year, something that will surely end up rebounding when we see the iPhone X presented with a 6.1 inch LCD panel and a very attractive price.
Along with this prediction, some analysts say that the “Services” block will have increasing weight in Apple’s accounts, with quite significant growth this quarter. According to the RBC analyst, this block currently represents 15% of Cupertino’s company’s revenue, but by 2020 it could reach 50 billion dollars, with an incredible growth of 32%.
But it’s not all good for the company. Investors are quite concerned about notes coming from the supply chain that point to a slowdown in the company’s product sales growth, an indication that the competition would be playing a dirty trick on Apple. To this we have to add the delay that the iPhone X LCD we talked about last week might have.
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In this presentation of results that is made through a podcast on the official website of Apple, not only talk about numbers, but the CEO of Apple is used to make a review of the state of your company. Analysts believe that it is necessary to talk about augmented reality, privacy, the famous US trade war and Siri, one of the weak points of Apple and the HomePod.
Leave us in the comment box if you think Apple will report a profit increase tomorrow. Do you think it will benefit or will we see real growth in the penultimate quarter of the year?