Investor
confidence is high that Apple can weather the coronavirus pandemic better than
most, but with tumbling demand, factory shutdowns, and the closure of retail
stores across the world, there will be no shortage of questions when the iPhone
maker posts quarterly earnings on Thursday.
Here
are five key topics on the minds of investors and analysts ahead of the
numbers.
1. The impact of Covid-19:
January
is expected to have been a solid month, following Apple’s blockbuster holiday
quarter. Back then, the company projected a rise in revenue of between 9 and 15
percent for the quarter — a wide margin intended to reflect coronavirus
uncertainties.
2. Any mention of 5G:
Apple
is notorious for staying quiet on future projects, but some analysts are
holding out hope that the iPhone maker will want to reassure investors that its
first 5G-capable phone, widely anticipated to be weeks or even months behind its
typical September launch date, remains on track.
3. Guidance:
Investors
will want to know if Apple now has enough visibility to forecast revenue in
what is likely to be the most challenging and uncertain quarter since the
financial crisis.
More
than a third of handset sales in the US, its largest market, typically come
from retail shops operated by the likes of T-Mobile, Sprint, and AT&T. With
many of those stores closing, the impact could be huge, said Tim Hatt, head of
research at GSMA Intelligence.
4. Services:
In
January, Apple executives said they expected to have 600m people subscribing to
one of its services by the end of the year, part of a multiyear move to
increase revenue and smooth out quarterly dips and jumps caused by hardware
launches.
In
the past quarter, the group’s services arm is likely to have seen revenues rise
18 percent to $13.5bn of revenue, according to financial analyst Neil
Cybart.
5. Wearables:
With
millions of employees working from home, more people are making calls on their
computers and paying attention to their health — a solid set-up for sales of
AirPods and the Apple Watch.
Yoram
Wurmser, an analyst at eMarketer, said that both Apple products had multiple
competitors outside of the Apple ecosystem, but “none of them have anywhere
near the reach that Apple has . . . so
they definitely have the playing field right now”.
All information on this website is of a general nature. The information is not adapted to conditions that are specific to your person or entity. The information provided can not be considered as personal, professional or legal advice or investment advice to the user.
This website and all information is intended for educational purposes only and does not give financial advice. Signal Factory is not a service to provide legal and financial advice; any information provided here is only the personal opinion of the author (not advice or financial advice in any sense, and in the sense of any act, ordinance or law of any country) and must not be used for financial activities. Signal Factory does not offer, operate or provide financial, brokerage, commercial or investment services and is not a financial advisor. Rather, Signal Factory is an educational site and a platform for exchanging Forex information. Whenever information is disclosed, whether express or implied, about profit or revenue, it is not a guarantee. No method or trading system ensures that it will generate a profit, so always remember that trade can lead to a loss. Trading responsibility, whether resulting in profits or losses, is yours and you must agree not to hold Signal Factory or other information providers that are responsible in any way whatsoever. The use of the system means that the user accepts Disclaimer and Terms of Use.
Signal Factory is not represented as a registered investment consultant or brokerage dealer nor offers to buy or sell any of the financial instruments mentioned in the service offered.
While Signal Factory believes that the content provided is accurate, there are no explicit or implied warranties of accuracy. The information provided is believed to be reliable; Signal Factory does not guarantee the accuracy or completeness of the information provided. Third parties refer to Signal Factory to provide technology and information if a third party fails, and then there is a risk that the information may be delayed or not delivered at all.
All information and comments contained on this website, including but not limited to, opinions, analyzes, news, prices, research, and general, do not constitute investment advice or an invitation to buy or sell any type of instrument. Signal Factory assumes no responsibility for any loss or damage that may result, directly or indirectly, from the use or dependence on such information.
All information contained on this web site is a personal opinion or belief of the author. None of these data is a recommendation or financial advice in any sense, also within the meaning of any commercial act or law. Writers, publishers and affiliates of Signal Factory are not responsible for your trading in any way.
The information and opinions contained in the site are provided for information only and for educational reasons, should never be considered as direct or indirect advice to open a trading account and / or invest money in Forex trading with any Forex company . Signal Factory assumes no responsibility for any decisions taken by the user to create a merchant account with any of the brokers listed on this website. Anyone who decides to set up a merchant account or use the services, free of charge or paid, to any of the Forex companies mentioned on this website, bears full responsibility for their actions.
Any institution that offers a service and is listed on this website, including forex brokers, financial companies and other institutions, is present only for informational purposes. All ratings, ratings, banners, reviews, or other information found for any of the above-mentioned institutions are provided in a strictly objective manner and according to the best possible reflection of the materials on the official website of the company.
Forex trading is potentially high risk and may not be suitable for all investors. The high level of leverage can work both for and against merchants. Before each Forex investment, you should carefully consider your goals, past experience and risk level. The opinions and data contained on this site should not be considered as suggestions or advice for the sale or purchase of currency or other instruments. Past results do not show or guarantee future results.
Neither Signal Factory nor its affiliates ensure the accuracy of the content provided on this Site. You explicitly agree that viewing, visiting or using this website is at your own risk.
