Apple Earnings: Mark Your Calendar
It's going to be a busy month as far as earnings reports go -- particularly the second half of October. Starting with Netflix's third-quarter update on Oct. 16, a handful of other popular megacap stocks will follow with their results, including Facebook and Apple (NASDAQ: AAPL).
Apple's latest update, in particular, will be interesting to watch. The company is scheduled to report its fiscal fourth-quarter results on Oct. 30, and investors will probably get more insight into two key narratives investors have been watching closely: the company's iPhone revenue and its services business. With iPhone revenue declining recently, investors will be looking for the decline to bottom out. In addition, with the iPhone no longer driving Apple's growth, investors will look for more strong growth from services, the company's second largest segment.
iPhone 11. Image source: Apple.
Source Fool.com
