Latest in Apple financial

Image credit:

Apple adjusts its quarterly earnings outlook on strength of tremendous iPhone sales

Yoni Heisler, @edibleapple
September 23, 2013
Share
Tweet
Share

Sponsored Links

In the face of pundits who thought Apple's iPhone success had plateaued, Apple sold a record number of iPhones this past weekend -- 9 million units to be exact.

In fact, Apple's iPhone sales this past weekend were so great that Apple this morning filed a regulatory filing with the SEC slightly tweaking its initial financial forecasts for the quarter.

Apple expects total company revenue for the fourth fiscal quarter to be near the high end of the previously provided range of $34 billion to $37 billion, and expects gross margin to be near the high end of the previously provided range of 36 percent to 37 percent.

Apple's fiscal quarter ends on September 28.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Share
Tweet
Share

Popular on Engadget

Tesla is reportedly close to making a more affordable Model Y

Tesla is reportedly close to making a more affordable Model Y

View
Amazon-owned Ring is preparing its first smart light bulb

Amazon-owned Ring is preparing its first smart light bulb

View
Disney's new AI is facial recognition for animation

Disney's new AI is facial recognition for animation

View
Instagram now asks new users for their age

Instagram now asks new users for their age

View
A $13,000 electric car will go on sale in the US by late 2020

A $13,000 electric car will go on sale in the US by late 2020

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr