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Earnings From Tech Giant Apple in Focus in the Week Ahead

June 21, 2023
in Trade Tube
Reading Time: 1 min read
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TheStreet’s Action Alerts PLUS Portfolio Manager and host of CNBC’s ‘Mad Money’ Jim Cramer says Apple (AAPL) has a big hurdle to clear when it reports on Tuesday. He says, ‘Facebook (FB) is going to be terrific, I think that Google (GOOGL) was amazing, Amazon (AMZN) was fantastic, Apple has to deliver something that’s so compelling about the Watch…about the new iPhone…the bar is high, Apple [on] Tuesday will make or break the tape.’ Apple is scheduled to release its second quarter earnings results on Tuesday after the market close. Analysts polled by Reuters are expecting the tech giant to post earnings of $1.87 a share on revenue of $51 billion.

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