Apple and Yahoo to report earnings after market close


Shutterstock photo

Two stalwarts of Silicon Valley, Apple ( AAPL ) and Yahoo ( YHOO ), will reveal to the world their second-quarter profits on Tuesday evening after trading finishes. Most eyes will be on Apple, which has sent out confusing signals.

On the one hand, the company appears to be moving from strength to strength, with record-breaking sales of its iPad tablet computer and its new iPhone. However, concerns about a design flaw that can attenuate signal strength in the iPhone 4 have stirred up controversy, with the company's faithful accusing it of carelessness and its rivals crowing at the misstep of the formerly triumphal company.

That Apple's reputation for sterling design and simplicity have suffered is undeniable. The company is now as firmly associated with flaky hardware as it is with intuitive interfaces - in the minds of the digerati, at least.

Still, all the bad PR in the world doesn't appear to have put that big a dent in massive hardware sales. The company is expected to post profits of $3.07 per share.

On the other side of the aisle, Yahoo is trying to recover from stagnant growth in search advertising and heavy competition from sector leader Google ( GOOG ). With cost-cutting measures and strategic partnerships with Microsoft and its Bing search engine, relatively low projected earnings of 14 cents per share mean that the Sunnyvale-based firm could end up outperforming Steve Jobs' company. ADNFCR-1724-ID-19899845-ADNFCR

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Personal Finance , Technology
More Headlines for: AAPL , GOOG , YHOO

More from News

Subscribe News
Contributor: News

Market News
Follow on:

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by