Apple Inc Earnings Report Scheduled After Stock Market Close

AAPL Apple Inc Stock Chart 1-29-19 Before Earnings

AAPL Apple Inc Stock Chart 1-29-19 Before Earnings

Apple Earnings Report Faces Skeptical Wall Street Analysts

After warning of weak iPhone sales in the holiday quarter, Apple (AAPL) executives will have some explaining to do when the company releases December-quarter results late Tuesday.

Wall Street analysts are likely to pepper executives with tough questions in the Apple earnings conference call.

On Jan. 2, Apple preannounced weaker-than-expected sales for its fiscal first quarter ended Dec. 29. It blamed the revenue shortfall on disappointing iPhone sales, mostly in China

Apple, Nvidia and Caterpillar may be pointing to widespread pain from China’s slowdown

Disappointing results from construction machinery giant Caterpillar and a pessimistic revenue forecast from chipmaker Nvidia point to a broader impact to the global business community from China’s economic slowdown, analysts said on Tuesday.

“Caterpillar and Nvidia are not the first companies to blame China for their afflictions, but both companies are seen as industry bellwethers,” Rodrigo Catril, a senior currency strategist at the National Australia Bank, said in a Tuesday note.

SPY ETF Chart 1-29-19

SPY ETF Chart 1-29-19

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