Investors Have an Eye on the iPhone

Apple reports third-quarter earnings after the bell.
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Apple (AAPL) - Get Report is expected by analysts to report fiscal third-quarter earnings of $1.57 a share, up about 5% from a year earlier, on sales of $44.9 billion.

Investors will be paying close attention to iPhone sales, which dropped to 50.8 million in the second quarter from 51.2 million in the previous quarter. Apple's latest iPhone models, the 7 and 7 Plus, came out in September 2016.

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