iPhone 8 release date: Apple earnings

Not very hidden in Apple's Q3 earnings announcement today was a big boost for the iPhone 8. Apple's forward guidance for Q4 2017 -- the period which finishes at the end of September, just days after Apple traditionally launches a new iPhone -- was $49 to 52 billion. Analyst predictions averaged out at $49.1 billion.

The bump in forward guidance over expectations hints very heavily that the iPhone 8 may go on sale in September, just inside the fourth quarter. Now, strong forward guidance doesn't mean for sure that the iPhone 8 is coming this year: it could mean that Apple is predicting a big uptick of people upgrading to the iPhone 7s or 7s Plus, or maybe it's just banking on massive HomePod sales.

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