As investors try to gauge how 2023 could play out, two telling earnings reports toward the beginning of the year worth watching will be Apple (NASDAQ: AAPL) and Meta Platforms (NASDAQ: META). The tech giants have both seen their stocks crumble over the past year as their sales trends deteriorated. Over the past five months, shares of Apple and Facebook parent Meta Platforms have fallen 25% and 60%, respectively. This compares to a 17% decline for the S&P 500 over this same period. The two companies' earnings reports can help investors see whether these businesses' top lines continued to worsen or demonstrated signs of revitalization -- something that could bode well for Wall Street's view of the consumer.

Ahead of Meta Platforms' fourth-quarter report on Feb. 1  and Apple's fiscal first-quarter update on Feb. 2, here's a quick preview of what to expect from both tech companies.

iPhone maker Apple wrapped up fiscal 2022 reporting full-year revenue growth of 7.8%. This was down from 33% growth in fiscal 2021. Notably, however, the company's 8% year-over-year growth in fiscal Q4 was an acceleration from 2% growth in fiscal Q2. 

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Source Fool.com