AAPL Q2 2023 earnings will be announced at 2 p.m. PDT/5 p.m. EDT today, and while the company hasn’t offered specific guidance, it has warned that it expects a year-on-year

AAPL Q2 2023 earnings will be announced at 2 p.m. PDT/5 p.m. EDT today, and while the company hasn’t offered specific guidance, it has warned that it expects a year-on-year decline of around 5%.

Wall Street agrees, with analysts expecting a drop from last year’s record $97.3B – but Apple is expected to demonstrate its own continued confidence in the stock through a large buyback announcement …

more…

The post AAPL Q2 2023 earnings expected to be down, but stock buybacks to show confidence appeared first on 9to5Mac.

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