Apple's iPhone 12 is in a battle with the coronavirus. On Thursday, Apple will give a big clue about who won.
Apple will report its fiscal third-quarter earnings on Thursday, many analysts are already fixated on the company's next major iPhone launch expected for the fall.
With Apple's stock up more than 17% in the past three months, Wall Street is all too happy to ignore the recent lockdown-impaired business results and to focus instead on what's in store this Fall. alongside the CEOs of Amazon, Google, and Facebook as part of an investigation into whether large digital platforms are harming competition in the tech industry. Apple's App Store, a critical part of its services business which has helped ease concerns about sluggish iPhone sales in recent quarters, is expected to be at the heart of lawmakers' concerns. stalled in its fiscal second-quarter
Apple did not issue guidance for its fiscal third-quarter when it reported its second-quarter earnings in April, because of the uncertainty around the coronavirus.
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