Fresh off of a successful iPhone launch and an event upgrading MacBook Pros and iPads, Apple (NASDAQ: AAPL ) will be reporting earnings Monday. What can investors expect from Apple's earnings announcement?
Of course, the big story will be iPhones. Apple reported record first weekend sales of the iPhone 5s and 5c; they sold over nine million units that first weekend. What can an investor expect from Apple's iPhone milestone? Will Apple have any further comments about these record-breaking products?
Apple's fiscal fourth quarter has traditionally been a slow one. Consensus estimates are guiding for revenue of $37 billion with Apple themselves mentioning $37 billion at the top end of its guidance. Also, of particular note was Apple's guidance of 36%-37% margins this quarter. Will they be able to hit those numbers?
Finally, could the successful iPhone launch actually be a drag on this quarter's earnings?
In this segment of Tech Teardown, Erin Kennedy discusses Apple's earnings with Jamal Carnette and Evan Niu, CFA.