Apple’s Forecast Implies Better-Than-Expected Revenue for September Quarter

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Near the end of his earnings call remarks, CFO Kevan Parekh said Apple expects September quarter revenue to grow at a “mid to high single digits” rate year-over-year.

At the midpoint, that would be above Wall Street’s forecast for $97.6 billion in revenue, which implied growth of 2.8% year-over-year.

Parekh says the outlook assumes no change in current tariff rate policies and no change in the company’s revenue share agreement with Google.

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