- Apple reports second-quarter earnings on Thursday.
- Investors will be looking for updates on Chinese iPhone demand.
- The company’s stock is down 12% in 2024 so far, trailing the S&P 500.
Apple will report fiscal second-quarter earnings on Thursday after the closing bell.
Analysts are dialed in on Apple’s iPhone business in China, which has faced a surge in competition over the past year, as well as its capital return plans and guidance as it prepares to release its next-generation iPhone later this year.
Apple’s stock was down 12% year-to-date through Wednesday’s close, trailing the the S&P 500‘s 5% gain.
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