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Stockreport

Apple to report Q2 earnings amid iPhone slowdown, China troubles [Yahoo! Finance Canada]

Apple Inc. (AAPL)  More Company Research Source: Yahoo! Finance Canada
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
potential to be a sizable drop in iPhone sales out of China. According to Counterpoint Research , iPhone sales fell 19% in the quarter, while rival Huawei continued to regain its footing after the U.S. attempted to kneecap the company by keeping it from accessing US chips in 2019. The anticipated pullback in iPhone shipments follows back-to-back quarters of revenue declines out of Greater China, one of Apple's most important sales regions. For Q2, revenue is set to drop 28% year-over-year. Shares of Apple are off some 5% year to date and roughly flat over the last 12 months. Shares of Big Tech rivals like Microsoft and Google, meanwhile, are up 25% and 37% over the last year, respectively. For the quarter, Apple is expected to report earnings per share (EPS) of $1.50 on revenue of $90.3 billion, according to analyst estimates compiled by Bloomberg. That would equate to a 4.75% year-over-year revenue decline. Apple's iPhone revenue is anticipated to drop some 10.8% to $45.75 bi [Read more]
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Stockreport

Apple to report Q2 earnings amid iPhone slowdown, China troubles [Yahoo! Finance Canada]

Apple Inc.  (AAPL) 
More Company Research Source: Yahoo! Finance Canada
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
potential to be a sizable drop in iPhone sales out of China. According to Counterpoint Research , iPhone sales fell 19% in the quarter, while rival Huawei continued to regain its footing after the U.S. attempted to kneecap the company by keeping it from accessing US chips in 2019. The anticipated pullback in iPhone shipments follows back-to-back quarters of revenue declines out of Greater China, one of Apple's most important sales regions. For Q2, revenue is set to drop 28% year-over-year. Shares of Apple are off some 5% year to date and roughly flat over the last 12 months. Shares of Big Tech rivals like Microsoft and Google, meanwhile, are up 25% and 37% over the last year, respectively. For the quarter, Apple is expected to report earnings per share (EPS) of $1.50 on revenue of $90.3 billion, according to analyst estimates compiled by Bloomberg. That would equate to a 4.75% year-over-year revenue decline. Apple's iPhone revenue is anticipated to drop some 10.8% to $45.75 bi [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AAPL
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS