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)