Apple, Inc. Earnings: What to Watch

Next week, tech giant Apple (NASDAQ: AAPL) will report its third-quarter financial results. The quarter is taking place more than halfway through Apple's flagship iPhone cycle and will test Apple's ability to continue putting up big profits ahead of the smartphone's annual refresh.

Apple is scheduled to report its third-quarter results on August 1. Here's what investors should watch when the quarterly update goes live.

Launched last September, Apple's flagship iPhone 7 and 7 Plus are no longer the hyped, supply-constrained new iPhone models they were in the weeks after they hit Apple stores. As is usually the case when Apple reports its third fiscal quarter, iPhone sales are set to decline sequentially in Q3 2017. The big question, however, is whether iPhone sales during the quarter will increase on a year-over-year basis.

Source: Fool.com