The Final FAANG, Apple, is set to report after the bell Tuesday.
Analysts polled by FactSet are expecting earnings of $2.36 per share on average, and will be looking for signs of a rebound from Apple's (AAPL) - Get Apple Inc. Report weak December quarter results, which were dragged down by sluggish iPhone sales in China. Apple shares were roughly flat on Monday, closing at $204.61; they are up 29.3% year to date.
TheStreet's Annie Gaus reported on the three things that investors should keep their eyes on when the company releases its earnings.
- A China rebound
- Services update
- An increased dividend
Jim Cramer gave his thoughts on Apple ahead of the quarter.
"Well, what's one thing that investors should keep an eye on it? Apple, thank heaven, is down ahead [of earnings]. I don't expect a great quarter," said Cramer. "I don't expect a great quarter because what they're trying to do is emphasize the watch and emphasize the AirPods. They're trying to emphasize everything but cellphones and the industry of analysts only want to talk cellphones. And so, if you don't [talk about] the cellphone number, they're going to hate you. I wish the stock [was] at $170."
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