What to Watch When Apple Reports Earnings

Shares of Apple (NASDAQ: AAPL) have soared this year, even as the company suffered temporary supply shortages and store closures. The stock is up 27% year to date and 80% over the past 12 months. This crushed the market's returns. The S&P 500 fell 0.4% and rose 6%, respectively, over these same time frames.

With such strong stock performance in the rearview mirror, there's a lot of pressure on Apple to deliver some solid results when it reports earnings this week. Ahead of the tech company's fiscal third-quarter results this week, here's a preview of some key areas investors will want to check on.

iPhone SE. Image source: Apple.https://www.apple.com/newsroom/2020/04/iphone-se-a-powerful-new-smartphone-in-a-popular-design/

Source Fool.com