By Now, the market is expecting Apple to report a net loss of $23.5 billion in the second quarter, or $1.4 billion less than the $25.5bn it reported in the first quarter.
This is because of the company’s $10.5 trillion debt, which it is still in the process of refinancing, and because of higher demand for Apple products, as it sells its iPhone and iPad line of devices.
But it’s also because Apple’s stock has been in a steep slide.
In the last year, Apple’s market cap has fallen by almost half.
The company’s stock is down more than $30 from its peak of $126 per share in May 2011.
This week, Apple shares were down more or less 5% from their peak.
“There’s no doubt in my mind that Apple’s revenue has been shrinking for quite some time now,” says Mike Fleishman, a financial analyst at Guggenheim Securities in New York.
“I think the big question is how long can Apple be in that $50 billion revenue decline, especially when you factor in the cost of products.”
In an interview with Business Insider, Fleishmann said that the next big question was whether Apple would be able to make a profit in its second quarter.
He thinks it can.
But not yet.
“The reality is, you can’t go into a quarterly earnings report and tell investors what they’re going to see,” he says.
“That’s because earnings can’t come out until the next quarter.”
Investors will probably be concerned about Apple’s sales.
The iPhone and iPads are popular in many countries around the world.
In Canada, for example, Apple sells 40% of the country’s iPads.
Apple also sells more iPhones than any other tech company, according to data from comScore.
But the company is struggling to generate the same kind of sales that it once enjoyed.
Apple has seen sales drop sharply for the past few years.
Apple’s smartphone market share has fallen from nearly 10% in 2015 to around 5% now.
The iPad is the companys most successful business, with nearly 70% of all iPad sales last year.
But Apple also has struggled to generate a profit for a long time.
In fact, Apple reported a net profit in the third quarter of 2016 of $4.6 billion.
This year, the company reported a loss of almost $8 billion, according the SEC’s filings.
Apple shares have lost nearly half their value in the last three years.
In January, Apple lost $1,700 per share.
By the end of the quarter, the stock had lost more than twice as much.
Apple stock has also lost over 70% since it hit $127 in June 2011.
And last year’s slide was so large that Apple was forced to sell billions of dollars worth of stock at a loss.
Investors may be less interested in the stock if Apple is able to turn things around in the next two years.
But this isn’t necessarily the case.
As of last week, the financial analyst said, “The current valuation of Apple stock is overvalued by $23 billion.”
He added that Apple would have to deliver revenue of $35 billion or more in the coming years.
Fleishmans views Apple’s current trajectory as “extremely unlikely,” although he expects Apple to be able at some point to make some kind of a profit.
In 2017, Apple plans to release an iPhone 5 and a new iPad.
“While I am not saying that we can expect a major product release, the next few years are going to be really exciting for Apple,” Fleishmen says.