See the link below. From the article:
"Red flags surround Apple heading into earnings, even as Wall Street cheers coming stock buybacks
- A bunch of Apple suppliers have reported financial results that hint at slowing smartphone orders.
- Apple isn't exactly on the decline: Wall Street still expects it to post a nearly 28 percent jump in earnings and a 15 percent rise in revenue from a year ago, according to a Thomson Reuters consensus estimate.
- But Apple's runaway growth over the past few years has saddled it with big expectations. The question is, is Apple diversifying fast enough?
On one hand, the company's a profit machine — and investors are hoping to see some of that money given back to them Tuesday night in stock buybacks, as Apple divvies up overseas cash that it brought back to the U.S. thanks to tax cuts.
But the $999 elephant in the room — the iPhone X — tells a different story, at least according to some investors and suppliers. If you listen to them, there are many red flags around Apple's business, and it could be putting the future of the company in question."
https://www.cnbc.com/2018/05/01/apple-q2-earnings-walkup.html
EARNINGS.
Are expectations of Apple reasonable given their current track? How much farther can they go with smartphones in terms of innovation? Can they deliver meaningful, game-changing innovations with their new technologies?
