Here are some other things investors will be looking at: China performanceĬhina has been the growth engine for Apple over the past few years, and the region contributed over $18 billion to Apple's top line last quarter. Apple's stock price has fallen 18% in the past year. Analysts are predicting, on average, sales of around $52 billion.īecause the iPhone contributes about two-thirds of Apple's revenue, a drop in iPhone sales could send Apple investors into a panic.īut last quarter, Apple already lowered its revenue guidance for this quarter, putting it between $50 billion and $53 billion. Last year, during this quarter, Apple reported $58 billion in revenue with profit of $13.6 billion. It often indicates a user profile.Īpple reports its second-quarter earnings on Tuesday, and the big question is whether Apple's revenue could shrink for the first time in years.Īnalysts expect that Apple may report a year-over-year decline in revenue for the first time since 2003. Along with the revenue decline, many are predicting that iPhone sales will fall year-over-year for the first time in the device's history. Account icon An icon in the shape of a person's head and shoulders.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |