Home / Retail / Apple expected to beat quarterly forecast
Vendor predicted to announced revenue of around $20 billion

Apple expected to beat quarterly forecast

Apple is expected to beat its forecast of $18 billion for the current quarter by around $2 billion, if it follows previously observed patterns.

According to the Business Insider, the vendor has routinely provided conservative guidance for quarterly forecasts, before going on to beat them by an average of 19.3 per cent and ‘basking in glory’.

If these patterns hold true, the vendor could announce as much as $21.5 billion in quarterly revenue.

Check Also

First biometric bank cards hit UK

The first biometric fingerprint card issued by a UK bank has entered circulation. As part …