Apple Investors Expect 'Blow-Out' Performance for Last Quarter
"Apple is firing on all cylinders, especially in China," said Ernie Varitimos, who runs the Apple Investor Trade Room, in an email to TheStreet. "I'm expecting Apple to have another blow-out quarter -- the real mystery is how will the market react?"
|Apple investors are confident ahead of the tech giant's second-quarter results.|
The Cupertino, Calif.-based firm is coming off a stellar first quarter, which saw the company blast past analysts' estimates, boosted by impressive holiday season sales.
Chad Brand, president of Peridot Capital Management and author of the Peridot Capitalist blog, said a repeat of the first quarter could be a stretch.
"I would expect a strong quarter, as usual, for Apple," he wrote in an email. "A blowout on the magnitude of last quarter is far less likely, though nothing would be surprising."