Apple has a key earnings report coming up.
lowered revenue projections for the period and poured cold water on the stock. Earlier this month Apple adjusted revenue estimates to $84 billion, down from a previously stated range of $89 billion to $93 billion. Shares tanked 10 percent, and have since clawed their way back to trade essentially flat for 2019.
The company will be disclosing some metrics for the first time, and omitting others when it reports results for the December quarter. Any surprises in the first-of-its-kind report out of Apple could shift the stock, which has seen unusual volatility in recent months.
Shares have lost 30 percent of their value since the company’s last earnings report in November. The stock trades more than $250 billion behind the record $1 trillion market valuation it reached in August.
Here’s what investors will be focusing on when Apple reports:
from Viral News Reports http://bit.ly/2TkvwJE
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