Wall Street consensus emerging for near-zero growth in Apple’s Q3 earnings

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Photo: techbeat.com

Fortune is reporting that most analysts expect Apple to report near-zero year-on-year growth when the company reveals its Q3 earnings figures on 23 July.

The pessimistic expectations began just a day after Apple reported its Q2 earnings, with Cowan and Company taking just 24 hours to post a Q3 prediction of $35.4B. More recent analyst estimates gathered by Thomson Financial, and reported on Yahoo! Finance, were marginally lower, at $35.17B. Fortune‘s own preliminary survey of 35 analysts to date is slightly lower still at $35.02B …  Read more