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Apple's Q3 Earnings: 4 Key Metrics To Watch

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Apple's Q3 Earnings: 4 Key Metrics To Watch

Apple Inc. (NASDAQ: AAPL) is scheduled to announce Q3 results after the market close. Here's a look into four key metrics to keep an eye on.

Piper Jaffray’s Gene Munster said he would be looking for...

The $2 billion quarter-over-quarter reduction in channel inventory that CFO Luca Maestri promised in the March earnings call, most of which would come from iPhone.

Double-digit growth in the company’s Services segment sales, to $5.9 billion – in line with the Street.

Related Link: Apple's Q3 Report: The Current Sell-Side Sentiment

BGC's Collin Gillis, who set a Sell rating on shares of Apple, recommended paying attention to...

Domestic cash figures, as they continue to tumble. “Domestic cash has been depleted to $24 billion, overseas cash is not deployed, and debt has increased to $72 billion,” he pointed out in a recent report, adding that more than $200 billion in overseas cash are just languishing on the company’s balance sheet.

UBS's Steven Milunovich will be observing...

Customer satisfaction with new payments plans, which is currently quite low. “Consumers using leasing or monthly device payment plans increased by 6 and 9 points, respectively,” the expert highlighted. “Only 26% of consumers using monthly payment plans were ‘very satisfied,’ the lowest satisfaction level of all options and a sign of resistance to the now transparent $650 price tag. The reaction of the F15 class of iPhones to new payment plans will be a critical factor for F17,” he concluded.

Finally, Benzinga’s Newsdesk will be attentive to...

The degree to which iPhone SE sales are cannibalizing iPhone 6 sales.

 

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