U.S. Week Ahead: Get ready for worm-infested Apple earnings
Friday, April 19, 2013 - 02:12
Apr 19 - Analysts are pessimistic ahead of Apple's results on Tuesday. Key could be what the company says about its China sales, according to Reuters Breakingviews' Rob Cyran.
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It's the busiest week for earnings this quarter with over 170 companies from the S&P 500 reporting results. Let's not kid ourselves the one that investors are gusting over an apple out on Tuesday and boy did that look grand. And profit estimates have -- nearly 12% from a year ago when analysts worry about weaker iPhone failed and the striking lack of new products. Here's what's pay attention you in the conference call. First stop China last year at this time apples during an astounding rate sales were nearly doubling. This year -- -- -- -- if it does Apple's growth will -- as well. The -- be what the company does have its cash. Company already has a higher dividend than most stocks in the S&P but there is 50% without breaking a sweat. Apple shares are down almost 45%. From their mid September -- We asked our Twitter followers -- call on apple earnings and -- a lot of responses including one from Gavin Martin and who says apple will seek to 350. Dollars or less. And then held. Keep those comments coming for more now -- this check out tech when he plus one have Apple's call live on insider after the close on Tuesday. From soaring just lottery Netflix reports results Monday in the third best performer in the S&P 500 -- -- -- over 70%. Profits are sent to leap from a year ago when it posted a lot. Analyst at JPMorgan Chase streaming subscribers should -- you just over 29 million that at the top and down estimates. And expect -- help of more original contents for Netflix after the success of the political drama series. House of cards. Your bigs got will be GDP and out on Friday our expert that I -- in the economy is set to expand by about 3% in the first quarter. Higher inventories and more spending are expected to boost growth. But don't get too comfortable I have -- that the next six months. We rocky because of tax hike. We'll follow us on Twitter Reuters Insider again more of our videos that Reuters dot com operators TV and I'm putting on this as writers.
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