Why Apple’s earnings call might be a shocker

By

Apple raked in the cash last quarter.
Apple raked in the cash last quarter.
Photo: Jim Merithew/Cult of Mac

Apple is set to reveal how much money it made over the 2015 holiday shopping season, and per usual, it’s expected to be a record-breaker.

Tim Cook and Luca Maestri will dive into all the details of Apple’s Q1 2016 earnings report tomorrow at 2 p.m. Pacific but there’s really only one number Wall Street really wants to know: total iPhones sales. Even though Apple may record its highest earnings ever, some analysts are predicting that iPhone sales may have declined for the first time, which could send Apple’s stock price sinking.

Here are six things to watch for during Apple’s Q1 2016 earnings call:

Old iPhones could erase gloom from earnings report

By

Sales of older iPhones may had strength to Apple's earnings report.
Sales of older iPhones may had strength to Apple's earnings report.
Photo: Jim Merithew/Cult of Mac

Analysts with sobering certainty say Apple is set to report its first ever decline in iPhone sales. Reports of cutbacks in production and shipments, and chatter about the iPhone 6s and 6s Plus not offering enough new features to inspire a rush to upgrade all point to one bummer of an earnings report.

But they might be overlooking one indicator – sales of older iPhones.

Price cuts pay off: Apple hits all-time high in India

By

Apple is taking a bigger bite into India.
Apple is taking a bigger bite into India.
Photo:

Apple posted record sales in India during the final quarter of 2015, positive financial news for Cupertino amid forecasters predicting a rough start to the new year.

Apple shipped a record 800,000 devices to India from October through December, a record spurred by a wider distribution base, discounts, buybacks and installment plans.

All the big Apple analysts are predicting iPhone sales decline

By

Apple is reportedly experimenting with five different iPhone 7s.
Ain't that just the way that sales go down, down, down, down.
Photo: Jim Merithew/Cult of Mac

Apple has never reported a decline in iPhone sales. That may be about to change, however, with seven top Apple analysts all predicting that the company is either experiencing — or on the verge of experiencing — a drop in the number of iPhones being bought.

Rumors of iPhone crash in 2016 may be greatly exaggerated

By

Apple raked in the cash last quarter.
Don't expect Apple's iPhone business to crash any time soon.
Photo: Jim Merithew/Cult of Mac

This time of year yields more Apple doom predictions than New Year’s resolutions, so it’s no surprise that Apple analysts have been naming 2016 as the year iPhone sales finally fall off a cliff.

But according to Brean Capital, not only is Apple stock still worth buying, with a $170 price target, but investors should look through the “supply chain ‘noise'” and see the potential for iPhone sales to hit around 250 million units next year — or 7 percent to 10 percent growth from Apple’s already stellar 2016.