Apple Expected to Report Services Record as Stock Hits All-Time Highs - News Summed Up

Apple Expected to Report Services Record as Stock Hits All-Time Highs


Apple Inc. is scheduled to report results for its fiscal first quarter after the market closes Tuesday. Here’s what you need to know. EARNINGS FORECAST: Analysts on average expect profit of $4.54 a share, according to a survey by FactSet. Apple hasn’t provided profit guidance for the quarter but in October said it expected a gross margin of approximately 37.5% to 38.5%.


Source: Wall Street Journal January 28, 2020 10:41 UTC



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