It is poised to be one of the busiest weeks of the year at the back of big economic data presentations as well as companies tabling quarterly earnings reports. The US Federal Reserve is to table a policy statement on Wednesday that is set to have a big impact on how financial markets move, throughout the week. All eyes in the market will be set on Apple Inc. (NASDAQ:AAPL), Facebook Inc. (NASDAQ:FB) and Google Inc. (NASDAQ:GOOGL), which are set to post their earnings mid-week.
Apple Inc. (NASDAQ:AAPL) is to table its first quarter earnings on Wednesday having recorded one of the finest runs in terms of product sales in the recent past. Record iPhones demand saw the company clock highs in the market with all eyes how the same translates to profits. Wall Street expects Apple to post earnings per share of $2.56 on revenues of $67.09 billion.
The full impact of iPhone 6 sales should be depicted on Q1 earnings considering they were only on sale for the last ten days of September. The Cupertino-based company is poised to announce margin expansion driven by impressive iPhone 6 sales that should translate to earnings growth above topline growth.
Giant social network, Facebook Inc. (NASDAQ:FB) will also be closely watched on Wednesday as it is set to post its fourth-quarter earnings after the closing bell. Investors will look to see whether Facebook has gained any advantage on the advertisement front considering the woes Yahoo! Inc. (NASDAQ:YHOO) has been facing in the recent past.
Facebook has been successful in demonstrating to advertisers that they can rely on its 1.19 billion user base on their marketing campaigns, despite increasing concerns that it is losing traction with teenagers. Facebook could post earnings per share of 27 cents on revenue of $2.33 billion according to analysts polled by Thompson Reuters.
Facebook Inc. (NASDAQ:FB) remains well positioned to be one of the biggest beneficiaries of the ongoing transition to mobile. Mobile advertising revenue in the last quarter accounted for $881 million awaiting to see if it will be one of the biggest movers on Wednesday.
Thursday’s big announcement should come from Google Inc. (NASDAQ:GOOGL) with many analysts waiting in anticipation to have a clear view of the company’s prospects. Investors will look to see the kind of numbers that Google Inc. (NASDAQ:GOOGL) will post on its advertisement unit as competition from Twitter Inc. (NYSE:TWTR) and Facebook continue to be stiff with each passing day.
Investors will also look to analyze Google Inc. (NASDAQ:GOOGL)’s operating margins having been on an investment spree in the recent past. Guidance will also be key, setting precedence on how the stock should move in the coming months.
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