Apple earnings — What you need to know in markets on Tuesday.

The biggest event of the week — Apple (AAPL) earnings — is set for Tuesday afternoon.

Apple will report results for its fiscal second quarter after the market close on Tuesday. This is typically Apple’s weakest quarter of the year.

Wall Street analysts expect the iPhone maker to report earnings per share of $2.02 on revenue of $53.1 billion, according to data from Bloomberg. Sales of iPhone are expected to total 51.4 million units.

Business Insider’s Kif Leswing also notes that its fiscal second quarter is when Apple tends to address capital returns. The company’s cash hoard is expected to exceed $250 billion as of quarter-end, and an increase either in its dividend or share repurchase program could be coming.

The company is also likely to be asked on its earnings call about how any repatriation tax holiday out of the Trump administration could impact its plans.



Myles Udland.
Full story at Yahoo News.