Instant Alert: LIVE: Here come Apple's earnings

Posted On // Leave a Comment

Your Message Subject or Title

  MANAGE SUBSCRIPTIONS   |   UNSUBSCRIBE   |   VIEW ONLINE
 
 
 
 
 

LIVE: Here come Apple's earnings

by Kif Leswing on Feb 1, 2018, 3:26 PM

Advertisement

Apple reports its first fiscal quarter earnings after the bell on Thursday.

Wall Street is expecting a big quarter. Here are the key numbers, via Bloomberg data: 

Revenue: $87.1 billion (Apple itself expects $84 billion to $78 billion), which would represent an 11% increase year-over-year.

Earnings per share (GAAP): $3.83

iPhone sales: 80.2 million units

The holiday quarter is Apple's biggest of the year, and all signs point to a record quarter, but investors will be looking at Apple's guidance for next quarter after several reports have said that iPhone sales could be muted in the short-term.

If guidance is week, it could suggest that the "super cycle" of iPhone sales analysts have been predicting may not happen this year. 

Investors will also be looking for any commentary from Apple about a potential increase in share buybacks or dividends after December's major tax cut. 

Business Insider will be covering Apple's results as soon as they cross the wire, so refresh this page or click here for the latest results.

SEE ALSO: Apple investors made a big bet on a rare and powerful event that's about to pay off or fizzle in the sky


 
Share the latest business news with your network:

Facebook Share Twitter Share Email Share
  

Email sent to: nguyenvu1187.love5@blogger.com   |   Manage your email preferences   |   Unsubscribe

Terms of Service   |   Privacy Policy

Business Insider. 150 Fifth Avenue, New York, NY 10011
Sailthru

0 comments:

Post a Comment