Apple (AAPL) is one of many big names in the spotlight next week as earnings season heats up. Ten of the Dow firms and more than a third of the S&P 500 are also set to report.
Apple, which releases its quarterly results after the bell on Tuesday, has seen its shares tumble from an all-time high of $700 last September to under $400. With its stock down over 25 percent since the beginning of the year, the tech giant faces major questions about whether it can keep on innovating and selling more electronics.
Analysts are projecting revenue to grow 8 percent to $42.49 billion, while earnings per share are expected to drop 18 percent, according to Thomson Reuters.
(Read More: Why Apple Could Fall Even Lower)
A number of other big players in the Internet and technology space are expected to release earnings next week, including Netflix (NFLX), which reports after the bell Monday. After a quarter in which its stock nearly doubled and it rolled out its first original content, "House of Cards," investors will be interested in seeing the latest subscriber numbers. (Read More Below the Video.)
Analysts are expecting revenue to grow 17 percent to $1.017 billion, while earnings per share are projected to swing from an 8 cent loss a year ago to an 18 percent gain, according to Thomson Reuters' analyst consensus numbers.
On Tuesday, Dow component AT&T (NYSE:T) reports. We're sure to hear plenty about its mobile subscriber numbers, many of whom are locked into iPhone contracts. Revenue is expected to be pretty much flat with the year ago quarter-down just a fraction of a percent at $31.74 billion. Earnings per share are expected to grow 7 percent to 64 cents, according to Thomson Reuters.
(Read More: Next Wave of Earnings About to Hit Markets )
Other Dow names are spread across the week, starting with Caterpillar (CAT)'s report on Monday morning. On Tuesday morning DuPont (DD), Travelers (TRV) and United Technology (UTX) release earnings. Boeing (BA) and Procter & Gamble (PG) report on Wednesday, and Exxon Mobile (XOM) is due out with its results Thursday morning. Chevron (CVX) reports on Friday morning.
And coffee giant Starbucks (SBUX) will tell us just how much premium coffee we're drinking and how global expansion is going when it releases its quarterly results Thursday afternoon. According to Thomson Reuters, revenue is projected to grow 12 percent to $3.59 billion while earnings per share is expected to move 21 percent higher to 48 cents.
(Read More: Starbucks Joins Supermarket Coffee Aisle Price War )
More From CNBC
IRS Workers Caught With Hands in Cookie Jar
Central Bankers Say They Are Flying Blind
Did Cocaine Contribute to the Financial Crisis?
- Australia International News
- Thomson Reuters
- earnings per share