CFOTO/Future Publishing/Getty Images
Apple reports second-quarter earnings on Thursday.Investors will be looking for updates on Chinese iPhone demand.The company’s stock is down 12% in 2024 so far, trailing the S&P 500.
Apple will report fiscal second-quarter earnings on Thursday after the closing bell.
Analysts are dialed in on Apple’s iPhone business in China, which has faced a surge in competition over the past year, as well as its capital return plans and guidance as it prepares to release its next-generation iPhone later this year.
Apple’s stock was down 12% year-to-date through Wednesday’s close, trailing the the S&P 500‘s 5% gain.
Read the original article on Business Insider