Apple is one of the highly anticipated operating reports on the earnings season that is heating up this week. In the last week as investors are having digested a flood of earnings reports and they are reacted to the shifting outlook for new economic stimulus and it is supporting the U.S. economy. It has both the Dow Jones Industrial Average and the S&P 500 shed less than 1%. The S&P is one of the solidly positive territories for 2020, while the Dow is down slightly. Many owned companies will be announced operating results over the next few trading days. These are including eBay (NASDAQ: EBAY), Apple (NASDAQ: AAPL), and Starbucks (NASDAQ: SBUX). They will be taking a look at the key trends that AAPL stock price might be sending their shares moving this week.
eBay’s sales volumes
- Investors are having optimistic heading into Wednesday that is an announcement from eBay. The Apple online AAPL stock price marketplace’s update is one of the contained plenty of good news that is including surging demand across these product categories. These consumers have shifted spending to online channels.
- Investors are searching for more robust sales gains in Q3 even though this growth will be inevitably slow from last quarter’s 29% volume spike.
- But eBay is growing at least 14%, according to the latest outlook from the CEO.
- This is one of the interesting to see if eBay is continued to pad its profitability lead over rivals like Walmart. It will be allowed for increasing capital returns to shareholders from this asset-light business.
- eBay will be offering its final official update on the 2020 growth outlook on Wednesday, too.
Apple’s iPhone updates
- New products are streaming music Sell your house fast jacksonville and TV platforms. Apple is transited its business into more of a service focus. But investors are following hardware sales in Thursday’s earnings announcement.
- iPhones are having started rolling in, after all. It could be a massive refresh cycle for its biggest business segment.
- The new iPhone releases may be putting pressure on Apple’s short-term profit margins, which is a hit the company would be willing to take if it is meaning a bigger base of people in its ecosystem.
- This is looking for CEO Tim Cook and his team that is hinting at those trade-offs when they are discussing their outlook for the key holiday shopping season ahead and for fiscal 2021, which is started in early October.
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Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.