iPhone and iPad maker Apple (NASDAQ:AAPL) will be reporting results this Monday afternoon. Here's what investors should know.
Apple beat analysts' revenue expectations last quarter, reporting revenues of $109.4 billion, up 16.4% year on year. It was a strong quarter for the company, with a decent beat of analysts' EPS estimates.
Is Apple a buy or sell going into earnings? Read our full analysis here, it's free for active Edge members .
This quarter, the market is expecting Apple's revenue to grow 10.8% year on year, improving from the 7.9% increase it recorded in the same quarter last year.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Apple rarely misses Wall Street's revenue estimates.
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