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Monday, May 10, 2021
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Apple shares gain ahead of results

Apple shares rose ahead of the company’s earnings report coming out after the bell on Wednesday (April 18).

Analysts expect sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share, according to Refinitiv.

IPhones sales are expected to be up 43%, at $41.4 billion.

On Wednesday (April 27), Apple announced that it will trim Airpods production plans by 25% to 30% this year as sales lose steam.

(Production: Aleksandra Michalska)

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