Apple expected to confirm tough Q3 in fiscal call

All eyes on Apple today, with analyst’s expecting it to announce its worst quarter for iPhone growth since 2007, along with weakness across its business.

Tough markets

In the context of global economic weakness and political instability, it’s no surprise consumers are buying less, but analysts expect Apple to reveal a 20 percent decline in iPhone sales.

There are certainly signs the company has always been prepared for this tough year. Apple used WWDC 2016 to focus attention on its fall software release schedule, which takes place at the start of its new fiscal quarter. I think Apple sees this as a transition year, and remain optimistic at its 64-bit, hyper-connected future.

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