Company slides ahead of earnings

pulse

January 31, 2017 3:12 PM

Investors will look at Apple's future guidance to see if there's soft demand for the iPhone 7 ahead of the launch iPhone 8.

Screen Shot 2017 01 31 at 9.56.01 AM

Apple trades down 0.44% at $121 a share ahead of its fiscal first-quarter earnings that are due out on Tuesday afternoon.

Here's what Wall Street expects, compiled from analyst estimates by Bloomberg:

Investors will also look at Apple's future guidance to see if there's soft demand for the iPhone 7 ahead of the launch iPhone 8, which is expected to go on sale this fall.

There will be questions around Apple's services business, its investment into Softbank Vision fund, iPhone demand in China, and its lawsuit against Qualcomm.

Apple reports earnings at 4:30 E.T. on Tuesday. Business Insider will cover all the news as it happens live.

pulse