Apple’s sales for last quarter expected to be flat

From CNET: Apple is unlikely to show any sales growth when it reports second-quarter results on Wednesday. At least, that's the take from a collection of 37 different analysts.

Polling analysts for their predictions on Apple's second fiscal quarter, which ended in March, Fortune found an average revenue estimate of $43.5 billion. That forecast is actually a bit lower than the $43.6 billion in sales that Apple reported during last year's second quarter.

Apple's own guidance for its second quarter calls for revenues of between $42 billion and $44 billion. Announced by Apple in January, that news actually sent the stock tumbling as analysts had initially been expecting revenues of $46 billion.

As noted by Fortune, the analysts polled have since lowered their expectations to keep them more in line with Apple's guidance.

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