Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

LIVE: Apple earnings

Sam SheadFeb 1, 2017, 02:28 IST

REUTERS/Robert Galbraith

Apple will announce its fiscal first quarter earnings on Tuesday afternoon.

It's an important quarter for Apple. The December quarter is typically Apple's biggest.

Here's what Wall Street expects, according to analyst estimates compiled by Bloomberg:

Complimentary Tech Event

Transform talent with learning that works

Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More

Q1 EPS: $3.22

Q1 revenue: $77.4b

Gross margin: 38.4%

iPhone unit sales: 76.3

iPhone ASP: $688

Upcoming quarter revenue guidance: ~$54.0 billion

Apple also reports Mac and iPad unit sales. Here's what Apple reported a year ago:

iPad unit sales: 16.12 million

Mac unit sales: 5.31 million

We'll be updating this post as the numbers come in - click here for the latest.

Visit Markets Insider for constantly updated market quotes for individual stocks, ETFs, indices, commodities and currencies traded around the world. Go Now!

NOW WATCH: Science says parents of unsuccessful kids could have these 6 things in common

Please enable Javascript to watch this video