Main Wall Road analysts on Apple’s second quarter earnings
Apple CEO Tim Cook dinner delivers the keynote handle throughout the 2020 Apple Worldwide Builders Convention (WWDC) at Steve Jobs Theater in Cupertino, California, June 22, 2020.
Brooks Kraft | Apple, Inc. | through Reuters
Wall Road analysts are largely specializing in the iPhone forward of Apple’s second quarter earnings report on Wednesday after the bell.
The tech big has largely executed effectively throughout the pandemic pushed by excessive demand of merchandise just like the Mac and iPad. As well as, the corporate debuted a number of up to date merchandise final week.
However now provide chain questions are rising over the iPhone in addition to gross sales in China.
Shares of the corporate are solely up 1.2% this yr.
Buyers can even be watching to see if the corporate gives steerage, which it has declined to do for the reason that coronavirus started. Buybacks and dividend hikes are different key catalysts to look at intently, based on analysts.
Here is what analysts anticipate from the corporate’s earnings report:
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