) will report its second quarter earnings after the bell on Thursday, as Wall Street braces for what has the potential to be a sizable drop in iPhone sales out of China., 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.
For the quarter, Apple is expected to report earnings per share 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 CEO Tim Cook will update Wall Street about the state of the company during its Q2 earnings call after the bell Thursday. But there are some potential bright spots for Apple in the quarter. Services revenue is expected to grow 11% year-over-year to $23.28 billion. Analysts also anticipate gross margin will improve 5% year-over-year to 46.59%.
Long-term investing in resilient dividend stocks can help you convert $95,000 into $1 million. Here's how. The post How Long Would it Take to Turn $95,000 Into $1 Million With TSX Dividend Stocks? appeared first on The Motley Fool Canada.TC Energy is a blue-chip dividend stock that is positioned to grow its payouts in the near term. But is TRP stock a good buy? The post A Dividend Giant I’d Buy Over TC Energy Stock appeared first on The Motley Fool Canada.
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