Apple reports fiscal first-quarter earnings after the bell.
Investors will be closely watching to see if Apple guides to growth again in the current quarter.
Some analysts believe Apple's iPhone revenue may look good in a soft market quarter, outperforming rivals that are also seeing weak demand.
But a strong quarter of iPhone sales over the holiday season could mean a seasonally weak March quarter.
"We remain comfortable with our current assumption of muted uptake for the device under 1% of Apple sales this year and next," Rosenblatt analyst Barton Crockett wrote in a note Wednesday.
Persons:
Tim Cook, Samik Chatterjee, Apple hasn't, Apple, Morgan Stanley, Erik Woodring, IPhones, Chatterjee, Rosenblatt, Barton Crockett
Organizations:
Apple, Management, Vision, JPMorgan, Apple Watch, Huawei, Amazon, Apple's, CNBC PRO
Locations:
Cupertino , California, China, F1Q24, U.S, F4Q, C4Q