In the following video, technology editor Brenton Flynn previews Facebook's upcoming earnings report. The company hasn't dominated headlines recently as it did shortly after its IPO debacle, but that's all set to end as we approach tomorrow's earnings report. Analysts expect an EPS of about $0.12 for the quarter, but Brenton is focused on more qualitative insights to help discern whether the secular growth story remains intact. The company's main revenue source is advertising, and it's faced with a huge obstacle in monetizing a growing base of mobile users. Combine that challenge with the intrigue around its first report as a public company, and you have the makings of a much-watch earnings report tomorrow.
Facebook's report follows up a high-profile earnings release yesterday from Apple, the most influential company in technology. With the impending release of the iPhone 5 and a potential Apple TV on the horizon, the stakes have never been higher for Apple. If you're looking for a recommendation on how to play Apple along with continuing updates and guidance on the company whenever news breaks, we've created a brand-new report that details when to buy and sell Apple. To get started, just click here now.
