Apple Earnings Report: What to Expect
Apple is scheduled to release its earnings report for the March quarter on May 3, 2023. Analysts are expecting the company to report revenue of $93 billion and earnings per share of $1.43. This would be a slight decline from the company's revenue of $94.6 billion and earnings per share of $1.45 in the same quarter last year. However, it would still be a strong quarter for Apple, which is facing a number of challenges, including supply chain disruptions and a slowdown in China. Here are some of the key things to watch for in Apple's earnings report: Revenue: Analysts are expecting Apple's revenue to decline by 4.4% year-over-year to $93 billion. This would be the company's first quarterly revenue decline since the first quarter of 2020. The decline is expected to be driven by a number of factors, including supply chain disruptions, a slowdown in China, and the ongoing war in Ukraine. Earnings per share: Analysts are expecting Apple's earnings per share to decline by ...