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Will Earnings Take a Bite Out of Apple?

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  • Description

    FBN’s Shibani Joshi previews earnings for the tech giant.

  • Duration 2:06
  • Date

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-- -- Shares of apple -- in the past week including today but will the company deliver what our earnings after the -- here's the question Shibani Joshi with a preview of all that -- -- you have that's a big question you know -- -- -- a lot of movement in Apple's share is to -- opposite side that we seen over the last week just in the last five days -- trading.

Apple shares have slid more than seven -- and -- half per cent.

Falling below its fifty day moving average -- that which is leaving a lot of investors wondering what direction apple shares will take.

After a nice 61% rise over the last 52 weeks.

The big driver in terms of where it's gonna go up are down is going to be of course the first quarter earnings report which comes out after the close today.

If you're looking for -- cheat sheet of numbers here the numbers there -- looking for we're looking for ten dollars and four cents in terms of earnings per share on revenue of 36 point.

81 billion bucks but the devil is in the in terms of how many units of its Blockbuster products said it ends up selling out according to Piper Jaffray -- sort of the round about numbers that they are looking for.

38 at 33 million -- son's twelve million ipads Max -- -- just under four.

Four and a half million there.

And from the looks of Verizon any teen T -- out Connell and that day and yes no questions about how strong iPhone sales are considering that this morning -- T reported that I sent activation self 43%.

Verizon said that they fell 26%.

-- some question marks whereas the iPhone is -- biggest driver for profit for this company.

In terms of additional worry -- -- how concerned should we be about it chip shortage from Qualcomm.

Pretty pretty concerned I think and that's one is things will be listening out for in the company's.

Investor called -- likely may not get a lot of details about an iPad many are even apple television set.

But given the concerns about Qualcomm running short on some of its -- you may hear -- -- about that.

That affecting the iPhone 5 delivery date nothing to do with the iPhone four -- -- -- thank you so much money cash.

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