Apple CEO Tim Cook speaks during Apple’s annual Worldwide Developers Conference in San Jose, California, June 3, 2019.
Mason Trinca | Reuters
Apple reports first-quarter earnings after the bell Wednesday and analysts believe the report is shaping up to be a blockbuster.
Shares of red hot Apple are up 8% this month and analysts believe the stock is headed even higher because of strong numbers on 5G iPhone and Mac sales.
It’s also expected that Apple will make its long-awaited return to providing guidance after declining to do so in the previous three quarters.
Here’s what analysts are expecting from Apple’s earnings report:
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