“Apple Inc. has warned investors that its quarterly earnings report will bear bad news about iPhone sales,” Alex Webb reports for Bloomberg. “The question now is just how bad.”
“Analysts will probably be reassured by a sales decline that doesn’t outstrip Apple’s projections for the quarter that ended in March,” Webb reports. “‘From the stock point of view, it is already built into people’s expectations,’ said Abhey Lamba, a San Francisco-based analyst at Mizuho Securities, who recommends buying Apple shares. ‘If iPhone sales end up in line to slightly better than expectations then it’ll be taken positively.'”
“April has also traditionally been the time when Apple announces its plans to return capital to investor,” Webb reports. “Bloomberg estimates Apple will raise its dividend to 57 cents a share from the 52 cents it paid investors the past four quarters.”
Read more in the full article here.
MacDailyNews Take: It’ll be nice for Apple and Apple investors to get this quarter’s tough compare in the rear view mirror.
“MDN take” that or get over the idea that one quarter makes or breaks a company as large as Apple. The short moves up or down are for the speculators that want to manipulate what should be a steady stock but that’s not what sells. If you’re selling your Apple stock based on speculation, you probably shouldn’t be in the market anyway.
Thanks, Tim.
Get over it, Shmo.
Apple management has been on suicide watch since the release of the new HTC and samsung offerings and their “innovative” features.
I smell the typical pre-financial reporting pounding on AAPL price.
The widely-held notion that Apple—no matter how much money it makes—is doomed unless it outdoes itself each and every quarter is absolutely CRAZY!!!
Apple is now past the initial huge uptake for the larger screen format of the 6/6 plus. Hopefully, if the numbers are in fact down, they will still be higher than the “normal” 2Q numbers.