The electronics giant is slated to announce its fiscal third quarter results after the market closes on Tuesday. On average, the analysts polled by Bloomberg expect Apple to report that its profit fell from the year-earlier period on flat sales.
Apple has been struggling with a slump in demand in China that analysts attribute to both the high costs of its phones and to growing economic nationalism among Chinese consumers. In the first half of its current fiscal year, Apple saw sales in its greater China region, which includes Hong Kong and Taiwan as well as the Chinese mainland, fall by more than 20%.
Here’s what analysts are expecting and how those forecasts compare with Apple’s year-earlier results:
In afternoon trading leading up to Apple’s report, its shares were little changed. In recent trading, its stock price was up 7 cents, or less than 1%, to $209.75.
We will be updating this story after Apple reports its results. Refresh this page or click here for updates.