Updated 2.8.2023 15:13
Apple’s Anticipated Earnings: A Mixed Bag or a Golden Apple?
Apple and PayPal earnings reports are upon us, so let’s start with Apple Inc. Apple’s fiscal Q3 earnings are on the horizon, and investors are keeping a close eye on the tech giant. Despite a 48% surge in stock value this year, analysts predict a 1.6% drop in revenues for the quarter. The key focus will be on iPhone sales, especially in the growing markets of China and India. Despite the potential slowdown in China, analysts remain bullish on Apple, with a strong buy rating ahead of its earnings report.
A Tale of Margins and Market Share
PayPal’s upcoming earnings report is expected to shed light on the company’s transaction margins. The growth of PayPal’s unbranded business has put pressure on overall transaction margins. However, with resilient consumer spending and low unemployment, PayPal’s revenue growth trajectory remains intact.
The company’s earnings will also serve as a barometer for consumer spending, particularly on discretionary purchases. Here’s what Wall Street is anticipating:
PayPal $PYPL reports earnings today after the markets close, Wall ST is expecting numbers of
EPS of $1.16 up 24.7% YoY
Revenue of $7.27B up 6.8% YoY
— Evan (@StockMKTNewz) August 2, 2023
The VIX and What It Means for Investors
The VIX, often referred to as the “fear gauge” of the market, is a real-time market index representing the market’s expectations for volatility over the coming 30 days. Investors often use VIX values as a way to measure market risk, fear, or stress before they make investment decisions.
If you’re an investor you may want to keep an eye on the VIX. A high VIX might signal a good time to buy, as market volatility often coincides with lower asset prices. On the other hand, a low VIX might signal a good time to sell.
Navigating Earnings Season
As we navigate through the earnings season, investors are keenly watching the performance of tech giants like Apple and PayPal. While Apple’s earnings report will shed light on its global market strategy, PayPal’s report will provide insights into its transaction margins and market share. Meanwhile, the VIX continues to be a crucial tool for investors to gauge market volatility.
As markets slide today, make sure to tune in when we bring you live updates the moment earnings report release on market close today for both Apple and PayPal. We’re interested in hearing your thoughts on how these earning reports will impact your portfolio. Tag us on Instagram here: @wealthy_venturecapitalist