[1/5] The Apple Inc logo is seen at the entrance to the Apple store in Brussels, Belgium November 28, 2022.
Each of America's five largest tech companies, though, are expected to report a fall in profits for the October-December period, as they try to recalibrate in a high-interest environment.
Facebook-owner Meta Platforms Inc (META.O) and Amazon.com Inc (AMZN.O) are expected to report the biggest declines.
Big tech companies are expected to be among the biggest drags to S&P 500's eleven sectors, with the information technology sector projected to report an earnings decline of 9.5%, according to FactSet data.
Analysts expect the company to report a 2.4% rise in revenue, the slowest pace in about 24 quarters.