“Investors are anxiously waiting to see how Apple Inc. performed during the December quarter,” Louis Bedigian writes for Benzinga. “The company’s earnings results will be released Tuesday, January 27. In the meantime, most analysts have continued to support the notion that Apple enjoyed another record-breaking quarter.”
“That’s the good news – but what about the future?” Bedigian writes. “After the iDevice numbers are out, investors will look to Apple’s next major product, the Apple Watch, for additional growth.”
“Cody Willard thinks the company might endure another decline after its FY2015 Q1 results are released,” Bedigian writes. “‘Everyone will be wondering how much they should be modeling for the Apple Watch,’ Willard explained. ‘Those are numbers that are really all over the place. I would expect Apple, in its usual way, to temper any optimism about it, probably talk it down, guide lower. I wouldn’t be surprised to see the stock get hit after the quarter. Five, 10 percent, who knows?'”
Read more in the full article here.
[Thanks to MacDailyNews Reader “David E.” for the heads up.]