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).
Apple today announced it will be permanently closing three retail stores in the U.S. in June, including Apple Trumbull in Trumbull, Connecticut, Apple North County in Escondido, California, and Apple Towson Town Center in Towson, Maryland.
Apple Towson Town Center in Maryland
Apple issued the following statement to MacRumors:At Apple, we are constantly striving to deliver exceptional service...
Wednesday April 8, 2026 7:17 pm PDT by Joe Rossignol
Apple today released a minor iOS 26.4.1 update for the iPhone 11 and newer. While the release notes for the update only mention unspecified "bug fixes," we have since learned about two specific changes that are included in it.
First, 9to5Mac spotted an Apple Developer Forums thread suggesting that iOS 26.4.1 fixes an iOS 26.4 bug that affected iCloud syncing in some apps.
Second, an...
As we wait for WWDC to kick off next Monday, Apple today announced the winners of its annual Apple Design Awards, recognizing apps and games for their innovation, ingenuity, and technical achievement.
The 2025 Apple Design Award winners are listed below, with one app and one game selected per category:
Delight and Fun - CapWords (App) and Balatro (Game)
Innovation - Play (App) and PBJ -...
Apple today announced it will be permanently closing three retail stores in the U.S. in June, including Apple Trumbull in Trumbull, Connecticut, Apple North County in Escondido, California, and Apple Towson Town Center in Towson, Maryland.
Apple Towson Town Center in Maryland
Apple issued the following statement to MacRumors:At Apple, we are constantly striving to deliver exceptional service...
Wednesday April 8, 2026 7:17 pm PDT by Joe Rossignol
Apple today released a minor iOS 26.4.1 update for the iPhone 11 and newer. While the release notes for the update only mention unspecified "bug fixes," we have since learned about two specific changes that are included in it.
First, 9to5Mac spotted an Apple Developer Forums thread suggesting that iOS 26.4.1 fixes an iOS 26.4 bug that affected iCloud syncing in some apps.
Second, an...
As we wait for WWDC to kick off next Monday, Apple today announced the winners of its annual Apple Design Awards, recognizing apps and games for their innovation, ingenuity, and technical achievement.
The 2025 Apple Design Award winners are listed below, with one app and one game selected per category:
Delight and Fun - CapWords (App) and Balatro (Game)
Innovation - Play (App) and PBJ -...
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.
When will we stop obsessing over impossibly endless and unsustainable growth and start to appreciate good, stable, comfortable, and long-lasting business?
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.
