Outlook
For 4Q17, $AAPL expects revenue in the range of $49-52Bil.
Operating expenses are anticipated between $6.7Bil and $6.8Bil,
Gross margin is seen between 37.5% and 38%.
Apple generally launches new iPhone models during its fourth quarter (in September), but the upcoming model is likely to get delayed. That may concern punters – we will see stock is up over 5% at the moment so ….