Apple Aims to Reassure Investors and Avoid Last Year’s Misfire

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Apple Aims to Reassure Investors and Avoid Last Year’s Misfire
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The most important number Apple delivers will be its sales projection for the current quarter

Apple Inc. is scheduled to report results for its fiscal fourth quarter after the market closes Wednesday. Here’s what you need to know.

EARNINGS FORECAST: Analysts on average expect a profit of $2.83 a share, according to a survey by FactSet. Apple hasn’t provided profit guidance for the quarter but in June, it said it expected gross margin of about 37.5% to 38.5%.

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