Analysts predict revenue will top $87 billion, 11% higher than Apple Inc.’s record sales a year earlier while earnings are projected to be $3.83 a share. FacebookThe social-media giant kicks off the biggest tech earnings on Wednesday after the market closes in New York. Facebook Inc. is expected to say revenue rose 42% to $12.6 billion as it continues to expand in the digital advertising market. Shares slipped 2.1% on Monday after Japan’s Nikkei reported that Apple is cutting iPhone X production because of weak demand. The e-commerce behemoth kept its lock on online retail spending over the holiday season, and its fourth quarter report should reflect that success, with revenue growth estimated at 37%.

Source: Mint January 30, 2018 13:30 UTC