Apple Earnings Should Defy The Current Gloom [Seeking Alpha]
Apple Inc. (AAPL)
Last apple inc. earnings: 4/30 04:30 pm
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Source: Seeking Alpha
Apple Inc. (AAPLEarnings could beat expectations on China reboundApple releases its second quarter earnings for 2020 on April 30th. Like much of the market, the Cupertino-based tech giant has seen doubt cast on its previous revenue guidance for the quarter and full year.Apple had previously expected revenues of $63-67 billion for the quarter and consensus estimates are now seeing a drop to $53.4 billion, which would imply a decline of 8% year-on-year.Earnings per share areforecast(Source: Nasdaq)reported(Source: Reuters)The key number to look out for will be iPhone sales, which represent 61% of the company’s net sales. Unit sales have been disrupted by the virus outbreak in China and the lockdowns worldwide.Apple shuttered 458 stores outside China on March 13th and after a full month, the path to reopening has been slow. Therefore, the lockdown effects will continue to be seen in the Q3 earnings.It's worth noting that January iPhone sales in China dropped 28% month over month. The com
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- Your Holiday Survival Guide to Finding a Dead or Stolen iPhone [CNET News]CNET News
- Apple Inc. (AAPL): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Apple Loop: iPhone 17 Pro Display Issues, Apple's Satellite Upgrades, Four New MacBook Pro Models [Forbes]Forbes
- The iPhone accessories guide every Apple user needs [FOX News]FOX News
- Timing is good for Tim Cook to step down as Apple CEO, says Lightshed Partners' Walter Piecyk [CNBC]CNBC
AAPL
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AAPL
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- 11/14/25 - Form 25-NSE
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