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Earnings Kick off Today With Apple Reporting After the Closing Bell

July 16, 2023
in Trade Tube
Reading Time: 1 min read
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Apple (AAPL) headlines this week’s earnings. The tech giant reports results for its fiscal quarter after the market closes today. Analysts expect $2.16 a share, compared to $1.66 a share a year earlier. Revenue of $56 billion is expected, versus $45 billion a year ago. For all of Apple’s new ventures like Apple Pay and Apple Watch, it’s still all about the iPhone. Apple sold a staggering 74.5 million iPhones in the December quarter. The iPhone 6 and 6 Plus delivered the big screen smartphone experience at many customers wanted. Apple has previously said it won’t break out sales of the Apple Watch.

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