Apple Says It Expects Iphone And Wearables Revenue To Drop In Q3 Mac And Ipad To Grow
After withdrawing its guidance for its fiscal Q2 2020, Apple is not providing traditional guidance to investors for fiscal Q3 2020. According to CFO Luca Maestri, there is simply too much uncertainty to provide any useful data for investors. Apple traditionally provides investors with a variety of different guidance points, including revenue, gross margin, and operating expenses. In an interview with the Financial Times, Maestri explained Apple’s reasoning behind this decision for Q3 2020:...