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July 23, 2013 06:16 pm GMT

Apple Q3 Earnings Preview: What to Expect

Cook

Don't expect too much.

Those four words summarize the sentiment surrounding Apple's upcoming third-quarter earnings report and arguably the company as a whole, at least in the short term.

Apple didn't release any major new products in the June quarter — no new iPhone or iPad — nor did it do so the quarter before that. In fact, Apple is expected to go nearly a full year without a major product launch.

See also: How Apple's Long Product Delay Is Shaking Up Businesses

The median estimate from analysts polled by Fortune is that Apple will report sales of 27 million iPhones for the quarter and 18 million iPads. If so, that would represent just a million more device sales in each category than it reported the same quarter a year ago.

More about Iphone, Apple, Stocks, Ipad, and

Original Link: http://feeds.mashable.com/~r/Mashable/~3/L2ClXvEuZtU/

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