The earnings release will provide a look at continued sales of the iPhone X, iPhone 8, and iPhone 8 Plus, along with data on how well the new low-cost 9.7-inch iPad is doing.
Apple's guidance for the third fiscal quarter includes expected revenue of $51.5 to $53.5 billion and gross margin between 38 and 38.5 percent. Based on those guidance numbers, Apple will beat its Q3 2017 earnings results.
Apple's quarterly earnings statement will be released at 1:30 p.m. Pacific/4:30 p.m. Eastern, with a conference call to discuss the report taking place at 2:00 p.m. Pacific/5:00 p.m. Eastern. MacRumors will provide coverage of both the earnings release and conference call on July 31.