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.

Qualcomm is counting down the days to when it loses Apple as a modem customer, guiding weak for Q3 as orders slow.Qualcomm may lose Apple's businessThe second quarter results for Qualcomm were within expected guidance ranges, but forward-looking statements show uncertainty for the company. The global economy continues to have an adverse effect on premium smartphone sales, which is one of many problems Qualcomm cites. Read more...

Qualcomm is counting down the days to when it loses Apple as a modem customer, guiding weak for Q3 as orders slow.Qualcomm may lose Apple's businessThe second quarter results for Qualcomm were within expected guidance ranges, but forward-looking statements show uncertainty for the company. The global economy continues to have an adverse effect on premium smartphone sales, which is one of many problems Qualcomm cites. Read more...

Qualcomm is counting down the days to when it loses Apple as a modem customer, guiding weak for Q3 as orders slow.Qualcomm may lose Apple's businessThe second quarter results for Qualcomm were within expected guidance ranges, but forward-looking statements show uncertainty for the company. The global economy continues to have an adverse effect on premium smartphone sales, which is one of many problems Qualcomm cites. Read more...

Wedbush analyst Daniel Ives expects Apple to report strong iPhone revenue when it issues its second-quarter earnings report on Thursday. Ives says that Chinese demand is fueling sales. Apple’s iPhone revenue is expected to be at least in line with expectations, according to Ives. He says that the company is benefiting from strong demand in China, which is its second-largest market. Apple’s earnings report will be closely watched by investors. The company is the world’s most valuable company, and its earnings are a bellwether for the tech industry. Adam Clark for Barron’s: Consensus forecasts are for Apple to report $92.91 billion in revenue for the March quarter with $48.8 billion coming from iPhone sales, according to a FactSet poll of…