The company is expected to report lower revenues and profits following the close of trading on Tuesday. Analysts expect earnings in the three months ended March falling by 6% to $ 57.4 billion, and net income is forecast to decrease by 20%.
Investors are hoping that CEO Tim Cook could find another way to increase growth. Services such as Apple, Pay, Apple Care and Apple's, music can be the next big focus of the company.
Samsung said on Tuesday that its operating profit fell by 60% in the quarter to 6.2 trillion won (5.3 billion dollars). Sales for the three months ended March decreased by 14% to 52.4 trillion won (45 billion dollars).
The gloomy report comes a week after Samsung has postponed the launch of its long-awaited smartphone complex after a few reviewers have reported defects. Shares fell less than 1% in Seoul.
Google Alphabet parent company posted $ 36.3 billion in revenue for the first quarter after the US market closed on Monday. About 85% of this income came from its core advertising business.
Stocks alphabet fell to 7% in extended trading.
3. Good news from Europe: Eurozone economic growth accelerated in the first three months of this year by 0.4%, twice the rate in the previous quarter is located. Growth was 1.2% on an annualized basis.
This latest evidence that the world's largest economy with a & # 39 are more stable than many economists thought.
China exceeded expectations, posting a first quarter growth of 6.4%, while the US economy grew at a better-than-expected 3.2%.
4. More from Milka: Annual World Conference Milka Institute continues in Los Angeles. This year's theme with a & # 39 is "Bringing common prosperity."
Speakers scheduled for Tuesday include Citadel founder Ken Griffin and White House chief of staff performing duties Mick Mulvaney.
CNN Business will have a live broadcast from the event.
US consumer confidence and pending home sales is due at 10:00 ET the night.
Tuesday – Eurozone GDP; Fed meeting begins; China manufacturing index PMI; GM (, GE and Apple's profits, )
Wednesday – Fed's decision; yum Brands ( and )CVS ( profit )
Thursday – The Bank of England policy updates; under armor ( and )Dunkin & # 39; ( profit; Weekly unemployment benefits; Caixin China manufacturing PMI )
Friday – work report; Inflation in the eurozone, fiat Chrysler ( profit )