Forecast for tech earnings: sunny, with clouds on the horizon
Share Now on:
Several giants in the technology sector announce their 2018 fourth-quarter earnings this week. Apple, which warned investors that an economic slowdown in China is likely to drag down its results, beat analysts revenue expectations by a penny a share. After markets close on Wednesday, we’ll hear from Facebook, which may soon learn what sanctions it might face from the Federal Trade Commission for violating privacy regulations, and Microsoft, which has been snapping up cloud-computing clients from Amazon.
Click the audio player above to hear the full story.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.