Apple Forecasts Quarterly Sales That Top Analysts’ Estimates

(Bloomberg) -- Apple sees fiscal 4Q revenue $60 billion to $62 billion vs estimate $59.4 billion.

  • 3 iPhone units sold 41.3 million vs estimate 41.6 million (10 estimates compiled by Bloomberg News)
  • 3Q EPS $2.34 vs estimate $2.18
  • 3Q revenue $53.3 billion vs estimate $52.4 billion
  • Sees 4Q operating expenses $7.95 billion to $8.05 billion
  • Sees 4Q tax rate about 15%
  • Apple shares gain 2.7% as of 4:32 p.m. in New York.

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