Prepare for Apple's Terrible, Horrible, No Good, Very Bad Earnings Report Today
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Apple is expected report its first profit drop in a decade late Tuesday afternoon, and many Wall Street influencers worry that the world's most valuable company might even , which has business analysts and tech pundits preparing for the worst. Indeed, over the last couple of months things haven't looked great Apple 401(k)s. After falling below last week, Apple stock hasn't much recovered, down more than 25 percent for the year and ending Monday trading at $398.76, which wiped out $280 billion of the company's market capitalization since an all-time high of $702.10 last September. Today Apple is expected to drop even lower headed toward a 5 p.m. call with investors, right when investors would love to see signs of hope. Since this afternoon has some heartbreaking potential, it's best you get ready now:
