1 More Sign Apple Could Smash Records With Its Upcoming Earnings Report

All signs point to Apple getting set to report a monster quarter this earnings season.

Andrew Tonner
Andrew Tonner
Jan 18, 2014 at 2:00PM
Technology and Telecom

With its long-overdue deal with China Mobile finally going live this weekend, it's been hard for tech investors to avoid talk of Apple (NASDAQ:AAPL) in recent days.

True, the China Mobile deal certainly adds some welcome high-profile panache to the Apple investment thesis as it tries to put a 2013 campaign that saw its share of challenges for the world's largest technology company.

AAPL Chart

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However, thankfully for Apple and its investors, all signs point to renewed confidence as Apple's final quarterly report of the calendar year 2013 draws nearer. 

Apple eyes another record quarter
Since the most first weekend debut of its most recent line of iPhones, analysts have speculated that Apple will likely report its most prolific quarterly report in its history when it reports earnings on January 27. 

Recently, one analyst offered his take on Apple's coming quarterly release, claiming that Apple will report sales of more than 80 million iOS-powered devices during the holiday season. More specifically, the analyst also claims that Apple sold 54 million iPhones and 25 million iPads, both of which would set records for their respective product lines as well.

In the video below, tech and telecom analyst Andrew Tonner looks at the report in greater detail and discusses Apple's coming earnings report.