All signs point to Apple announcing a monster earnings report

All signs purpose to Apple asserting a monster statement, Analysts expect huge iPhone sales and suppose Apple may offer a serious update to its money come program.

According to knowledge compiled by Bloomberg, analysts area unit probing for $56 billion in revenue, which might represent twenty third growth.

Apple's revenue growth is anticipated to be driven by sturdy iPhone sales. Analysts area unit anticipating that Apple sold-out fifty eight.1 million units, which might be a powerful thirty third increase.

If Apple sells fifty eight.1 million iPhones, it'll be the second-biggest quarter for iPhone sales in Apple's history. Apple's biggest-ever iPhone sales happened throughout the previous quarter, once it sold-out seventy four.5 million iPhones.

Just a year past, folks were thinking that Apple's iPhone business may need run its course. Unit growth was all the way down to single digits, and it seemed like Apple was attending to ought to lower costs to light growth.

The newest iPhones area unit proving to be killers for Apple. The iPhone vi and iPhone vi and have larger screens than previous models, that is all it took to create Apple's iPhone sales go nuclear.

Apple has effectively raised costs on the iPhone. The iPhone vi and prices $100 quite previous models. The iPhone vi prices even as very much like previous models, however many folks area unit gravitating towards the mid-tier storage model, that prices $100 quite the entry-level phone.

The average value of the iPhone hit a brand new high within the vacation quarter.iPhone sales area unit all that basically matter for Apple's success. However, folks can keep an eye fixed on iPad sales, that have tanked within the past year. Analysts expect that Apple sold-out thirteen.6 million iPads, which might be down terrorist organization on a year-over-year basis.

Apple has did not offer any variety of clear clarification for why the iPad business has cratered. the simplest clarification looks to be that individuals area unit skipping the iPad in favor of iPhones with giant screens. The mackintosh business is additionally doing well. Analysts expect Apple to sell four.7 million Macs, which might be up 15 August 1945. (So Associate in Nursing iPhone + a mackintosh looks to cutting into iPad sales.)

The biggest question encompassing Apple is that the Apple Watch. Apple free the Apple Watch on weekday. Preorders looked sturdy. There area unit reports Apple is aiming for twenty million units in year one, which might be the largest Apple product launch in history.
However, Apple has already aforesaid it is not attending to get away Apple Watch sales. Apple is also willing to create a one-time announcement concerning what number watches it sold-out, however we have a tendency to are not expecting something.

As for Apple's money program, there is been chatter that Apple may offer Associate in Nursing updated set up on what it's doing with dividends and buybacks.

Last year, Apple proclaimed a $130 billion program to come money to shareholders. Credit Suisse analyst Kulbinder Garcha thinks that set up gets inflated to $200 billion this year. Apple had $155 billion in money obtainable half-moon, thus it is sensible to enact a vast share buyback/dividend set up.

We'll be covering it live because it happens, thus tune up around four p.m. NYC time on weekday.
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