Tuesday, January 30, 2018 7:49:41 AM
When Apple Inc <AAPL.O> announces its first-quarter earnings on Thursday, investors will seek signs of whether the company's $999 iPhone X launched last autumn was a Steve Jobs-style hit or, as more analysts suspect, a letdown. In recent weeks, Wall Street analysts have come to a consensus that iPhone X sales were slower than previously expected for the first quarter that ended in December and may drop off sharply for the March quarter. Analysts have lowered their expectations for Apple's second- quarter revenue guidance to as low as $60 billion from a previous average of $67 billion.
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