S&P 500
7,582.20
+0.03%
Dow Jones
51,018.80
+0.58%
Nasdaq 100
30,344.40
+0.25%
Russell 2000
2,916.31
-0.54%
FTSE 100
10,378.60
-0.32%
Nikkei 225
66,231.90
+0.67%

Technology

What to expect Tuesday from Apple’s March guidance

Photo of Steven M. Peters
By Steven M. Peters Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Four versions of Apple’s fiscal Q2 2019 consensus, freshly gathered Friday morning.

 

Thanks to Tim Cook’s Jan. 2 warning, December quarter’s results are largely baked in. Next Tuesday, all eyes will be on Apple’s guidance for March.

consensus Q2 2019
Click to enlarge.

Guide to the numbers:

  • Visible Alpha: Gathered by a consortium of banks for their use and for their clients.
  • Estimize: Crowd-sourced site that invites anonymous estimates.
  • Thomson Reuters: Average used by most public sites (e.g. Yahoo Finance).
  • Apple 3.0: This site’s mix of pros and independents has out-performed Thomson. Reuters for at least 8 quarters in a row. Plus, it names names (see Best and Worst).

Bottom line: The consensus among consensuses is that March quarter revenue guidance will be somewhere between $59 billion and $63 billion, which is to say up or down 3% from the same quarter last year.

We’ll find out whose consensus was closest to the mark when Apple offers its Q1 results and Q2 guidance after the markets close Tuesday, Jan. 29. I’ll be monitoring the earnings call with analysts and you can too. Click here for instructions.

[apple-subscribe]

DISCLOSURE:
INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE Brokerage and Active investing products offered through SoFi Securities LLC, member FINRA(www.finra.org)/SIPC(www.sipc.org). Advisory services are offered by SoFi Wealth LLC, an SEC-registered investment adviser. Information about SoFi Wealth’s advisory operations, services, and fees is set forth in SoFi Wealth’s current Form ADV Part 2 (Brochure), a copy of which is available upon request and at www.adviserinfo.sec.gov. Probability of Member receiving $1,000 is a probability of 0.026%; If you don’t make a selection in 30 days, you’ll no longer qualify for the promo. Customer must fund their account with a minimum of $50.00 to qualify. Other fees, such as exchange fees, may apply. Please view our fee disclosure to view a full listing of fees. Investing in alternative investments and/or strategies may not be suitable for all investors and involves unique risks, including the risk of loss. An investor should consider their individual circumstances and any investment information, such as a prospectus, prior to investing. Interval Funds are illiquid instruments, the ability to trade on your timeline may be restricted. Brokerage and Active investing products offered through SoFi Securities LLC, Member FINRA(www.finra.org) /SIPC(www.sipc.org). There are limitations with fractional shares to consider before investing. During market hours fractional share orders are transmitted immediately in the order received. There may be system delays from receipt of your order until execution and market conditions may adversely impact execution prices. Outside of market hours orders are received on a not held basis and will be aggregated for each security then executed in the morning trade window of the next business day at market open. Share will be delivered at an average price received for executing the securities through a single batched order. Fractional shares may not be transferred to another firm. Fractional shares will be sold when a transfer or closure request is initiated. Please consider that selling securities is a taxable event. Options involve risks, including substantial risk of loss and the possibility an investor may lose the entire investment Before trading options please review the Characteristics and Risks of Standardized Options  Investing in an Initial Public Offering (IPO) involves substantial risk, including the risk of loss. Further, there are a variety of risk factors to consider when investing in an IPO, including but not limited to, unproven management, significant debt, and lack of operating history. For a comprehensive discussion of these risks please refer to SoFi Securities’ IPO Risk Disclosure Statement This should not be considered a recommendation to participate in IPOs and investors should carefully read the offering prospectus to determine whether an offering is consistent with their investment objectives, risk tolerance, and financial situation. New offerings generally have high demand and there are a limited number of shares available for distribution to participants. Many customers may not be allocated shares and share allocations may be significantly smaller than the shares requested in the customer’s initial offer (Indication of Interest). For more information on the allocation process please visit IPO Allocation.
Follow 24/7 Wall St. on Google
Photo of Steven M. Peters
About the Author Steven M. Peters →

Latest Podcast Episode

Memory Mania: Nvidia News And Mighty Micron Soars As Company Tops $1 Trillion in Market Cap

Play

49 min
Apple Podcasts Spotify

Continue Reading

Steven M. Peters |

Apple’s fiscal Q1 2019: Desperately seeking consensus

Four versions of the consensus, freshly gathered Wednesday morning.

Apple Does It Again With Q2 Earnings
Chris Lange |

Apple Does It Again With Q2 Earnings

Apple released better-than-expected fiscal second-quarter financial results after the markets closed on Tuesday.

Why Apple Is Still Top Dog After These Earnings
Chris Lange |

Why Apple Is Still Top Dog After These Earnings

Apple released its fiscal third-quarter financial results after markets closed Tuesday. The iPhone giant said that it had $2.34 in…

Why Apple Earnings Aren’t Enough For Investors
Chris Lange |

Why Apple Earnings Aren’t Enough For Investors

Apple Inc. (NASDAQ: AAPL) reported its fiscal second-quarter financial results after the markets closed on Tuesday. Although Apple performed relatively…

Why Some Analysts Are Cautious on Apple Ahead of Earnings
Chris Lange |

Why Some Analysts Are Cautious on Apple Ahead of Earnings

Apple is set to report its fiscal second-quarter financial results after the markets close on Tuesday. Two key analysts have…

Jon C. Ogg |

How Apple Just Crushed Its Earnings Expectations

courtesy of Apple Inc.Apple Inc. (NASDAQ: AAPL) reported its fiscal first-quarter results after the close of trading on Tuesday. Earnings…

Why Apple Services Segment Could Be the Next Big Thing
Chris Lange |

Why Apple Services Segment Could Be the Next Big Thing

Apple reported better-than-expected fiscal first-quarter financial results after markets closed on Tuesday.

Chris Lange |

Will Apple Help First Solar Raise Its Guidance?

First Solar is scheduled to report its fourth-quarter financial results next week, it first since the deal with Apple.

Are Apple Earnings Suggesting a Fundamental Change?
Chris Lange |

Are Apple Earnings Suggesting a Fundamental Change?

Apple Inc. (NASDAQ: AAPL) reported fiscal second-quarter financial results after the markets closed on Tuesday. The company had $1.90 in…

Top Gaining Stocks

Dell Technologies
DELL • Vol: 42,366,555
NetApp
NTAP • Vol: 15,911,807
ServiceNow
NOW • Vol: 68,243,561
IBM
IBM • Vol: 28,527,546
Hewlett Packard Enterprise
HPE • Vol: 86,996,387

Top Losing Stocks

Coterra Energy
CTRA • Vol: 73,319,495
Clorox
CLX • Vol: 4,744,001
ResMed
RMD • Vol: 3,526,686
Intel
INTC • Vol: 191,680,425
Skyworks Solutions
SWKS • Vol: 5,407,806