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What to look for in Apple’s earnings on Wednesday

“Apple Inc. is scheduled to report its fiscal second-quarter results after the stock market closes on Wednesday. Here’s a look at what investors should be looking for,” Benjamin Pimentel reports for MarketWatch. “”

“Analysts surveyed by FactSet estimate Apple will earn $10.19 a share, compared with a profit of $10.09 a share in the same period a year ago,” Pimentel reports. “Apple’s sales of $43.7 billion are forecast to be slightly higher than the $43.6 billion the company reported in last year’s fiscal second quarter.”

“Investors will be looking for iPhone sales to increase above the 37.4 million reported a year ago, and sales of iPads to rise beyond last-year’s 19.5 million,” Pimentel reports.

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