Apple’s Quarterly Earnings will be published on Tuesday! What to expect?

May 1, 2017

All Eyes on Q2 Earnings of Apple Inc.

Apple’s Quarterly Earnings will be published on Tuesday! What to expect?

This article is originally referred from Fortrade News

Apple to Release Quarterly Earnings – Don’t Miss Out!

The world’s largest publicly traded company, Apple Inc. (AAPL) is reporting its second quarterly earnings after Tuesday’s market close in what is seen as a highlight of the earnings season.

The tech giant’s stock recently hit an all-time high, and it now has over $16 billion in cash and equivalents on its balance sheet.

Despite Apple’s unquestionable market-leading position, the consumer electronics company still faces a number of risk factors, which include changing global economic conditions, fluctuating consumer demand and growing competition from Asian technology vendors.

Now what?

Will Apple meet or beat Wall Street’s consensus estimate of $45.7 billion revenue and $1.63 earnings per share?

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Original Source: Fortrade News

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