Here's what every major analyst expects from Apple's earnings report

  • 📰 CNBC
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

New for subscribers: Here's what every major analyst expects from Apple's earnings report Check out CNBCPro for a free trial.

is scheduled to announce its highly anticipated third-quarter earnings on Thursday after the bell, however analysts said investors are likely looking past the results.that's up more than 29% this year compared with the S&P 500, which is flat.

Apple has not been immune to the coronavirus crisis either as the pandemic has caused stores closing and delays in production in China. Apple also previouslyand it's expected the tech giant will do the same again, analysts say. But analysts still see an opportunity and say the stock remains attractive as Apple prepares to enter the 5G cycle with a new iPhone later this year. In addition, the company's Services and Wearables business is also expected to be a key provider of revenue growth.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Apple Q3 2020 earnings preview: Analysts look to iPhone 12 launch - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 🍎 wins... Wait what? fyi eacarer
Source: BusinessInsider - 🏆 729. / 51 Read more »