Apple's China momentum in focus ahead of earnings after the bell [CNBC]
Apple Inc. (AAPL)
Last apple inc. earnings: 4/30 04:30 pm
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Source: CNBC
The company has set investor expectations low and could surpass them even if sales growth is weak. In February, Apple said it expected sales similar to last year's $94.84 billion during the same period and flat iPhone sales. Here's what analysts expect from Apple, according to LSEG consensus estimates: Earnings per share Revenue : $90.04 billion Here's how Apple's business units are expected to fare in the March quarter, per StreetAccount estimates: iPhone revenue : $46.31 billion Mac revenue : $6.85 billion iPad revenue : $5.95 billion Wearables, home and accessories revenue : $7.80 billion Services revenue : $23.12 billion Analysts expect Apple to give a forecast for the current quarter of about $83.23 billion in sales, which would be 1.8% annual growth. Apple shares are down about 10% this year, underperforming its peers and the broader market. Some worry that the 2023 iPhone 15 may be seeing weak demand. But the biggest theme that investors will be watching
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