Mac & iPhone 13 strength may drive Apple to a record-breaking earnings report

Mac & iPhone 13 strength may drive Apple to a record-breaking earnings report



Katy Huberty of Morgan Stanley believes that Apple will come in well ahead of Wall Street’s estimates for its second fiscal quarter but is also expecting some cautious guidance going forward because of COVID concerns.

Tim Cook (left) and Luca Maestri (right)Tim Cook (left) and Luca Maestri (right)

In a note seen by AppleInsider, Morgan Stanley analyst Katy Huberty has broken down Apple’s second quarter and is expecting another blockbuster earnings report for Apple. Without pinning down any specific figures, she cites iPhone 13 and Mac sales volumes worldwide in the quarter, which are said to offset relatively weak iPad and App Store revenue on the quarter.

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