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Apple investors made a big bet on a rare and powerful event that’s about to pay off or fizzle in the sky

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Phillip Willis
Jan 30, 2018 18:35
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Apple will report its fiscal Q1 earnings on Thursday.

The company will likely report record quarterly revenue and healthy earnings per share.

Apple will have a tough act to follow when it reports its earnings on Thursday, hours after a rare super blue blood moon graces the night sky.

In recent weeks, several Wall Street analysts have pointed to a drumbeat of worrisome reports about Apple's component suppliers that suggest iPhone sales might slump in the first three months of the year.

Apple's stock, which was trading near its 52-week high earlier this month, has come down about 6% over the past two weeks as the worries have mounted.

But although the iPhone X has been well-received by critics, who praise its gorgeous OLED screen and innovative facial recognition technology, it's not clear that it's ignited the passion of consumers.

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Phillip Willis
Jan 30, 2018 18:35
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