Apple reported fiscal first-quarter earnings Thursday. Analysts are focused on iPhone momentum following a sluggish start to the year for Apple's stock.
What's more, Apple guided for growth in the March quarter. While the FactSet consensus also implied growth, some worried Apple might end up calling for flat performance, according to Daryanani.
Apple continues to spend less than its Magnificent 7 peers on artificial intelligence. Recent reports from Chinese start-up DeepSeek have caused investors to positively reassess that strategy American
Apple’s report Thursday afternoon is the latest in a busy week for earnings and will provide a test for the iPhone maker’s DeepSeek inspired rally this week.
Apple shares traded near flat in postmarket trading after the company reported better than expected earnings, but said that iPhone sales fell in the December quarter. Apple reported that iPhone sales for the quarter were down nearly 1% from the prior year to $69.
The iPhone maker reports quarterly results after the closing bell today. Here’s what investors will be looking out for. Apple is expected to earn $2.35 a share for its fiscal first-quarter, which ended in December,
S&P 500 futures are near flat Thursday night as investors analyzed earnings reports from Apple and other well-known companies ahead of the release of a closely followed inflation report. Futures tied to the broad index ticked higher by 0.1%, while Nasdaq 100 futures added 0.3%. Dow Jones Industrial Average futures added 53 points, or 0.1%.
Stock futures edged higher Thursday night as investors analyzed earnings reports from Apple and other well-known companies ahead of the release of a closely followed inflation report. Futures tied to the S&P 500 ticked higher by 0.1%, while Nasdaq 100 futures gained 0.2%. Dow Jones Industrial Average futures added 31 points, or 0.1%.