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'Tough near-term setup': Here's what Wall Street expects from Apple's 2nd-quarter earnings [Yahoo! Finance]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
Here's what Wall Street expects from Apple's upcoming earnings report. All eyes are on Apple as it gets ready to report its fiscal second-quarter earnings on Thursday after the market close. Analysts are dialed in on Apple's iPhone business in China, which has faced a surge in competition over the past year, as well as its capital return plans and guidance as it prepares to release its next-generation iPhone later this year. Here are the quarterly figures Wall Street expects, according to data from Bloomberg. Revenue: $90.33 billion Earnings per share: Gross margin: The sentiment on Wall Street is that Apple, which has seen little-to-no revenue growth over the past year, is due for a big iPhone replacement cycle when it launches its next-generation iPhone 16 later this year. Rumors that the iPhone 16 will include AI capabilities is exciting Wall Street, but whether it will be able to spark a return to growth for the company remains to be seen. Here's what Wall Street
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