Apple Q3 financial results and macOS Sierra update

On Wednesday, Apple announced on its investor relations page that it will publish its earnings for the second calendar quarter of 2017 (the third fiscal quarter) on 1st August 2017 in a financial report.

The report will provide information about recent iPhone 7 and iPhone 7 Plus sales in the run-up to the release of the iPhone 8, in addition to early sales of the new Mac and iPad Pro models that were announced at the recent WWDC.

The company’s expected total revenue for the quarter is between $43.5 and $45.5 billion, with a gross profit margin of between 37.5% and 38.5%. If the above is correct, Apple’s revenue for the quarter under review will be more than last year’s $42.4 billion, although there might be a small drop in gross margin.

The quarterly earnings statement is scheduled to be officially released at 4:30 pm Eastern Standard Time, followed by a conference call to discuss its contents at 5:00 pm.

In other Apple news, the company has seeded the sixth beta version of the impending macOS Sierra 10.12.6 update to public beta testers and developers. This is only a week after it seeded the fifth beta version and a little over a month after it released macOS Sierra 10.12.5 containing minor bug fixes.

Interested parties can download the latest beta version via the Software Update feature in the Mac App Store or via the Apple Developer Centre.

There were no major design tweaks, feature upgrades or bug fixes in beta versions one to five of macOS Sierra, and since Apple does not publish beta release notes, we will have to wait for the public release to see what it entails.

This could be one of the last updates to Sierra before Apple Switches to macOS High Sierra.


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