AppleAfter the bell, reports on fiscal quarter first-quarter earnings

This quarter also includes Apple holiday sales. This is also the first quarter in which Apple has sold its iPhone 13. It will give data about Apple’s current phone’s sales. The iPhone 13 was released in September.

These are the consensus estimates of Refinitiv:

• EPS: $1.89 estimated
• Revenue: $118.66 billion estimated

Apple has been unable to provide guidance regarding the Covid-19 pandemic since its inception, citing uncertainty.

Apple announced in October however that it would report “solid year-over year revenue growth” in December compared with last year’s $111.4billion in sales.

Investors will be interested in how Apple managed its supply chain during the worldwide shortage of components required to make electronics. Apple claimed in October that it was facing supply problems which it believed would affect its revenue by more than $6 billion per quarter.