Apple (AAPL) Earnings expected at 4:30pm ET Thursday, February 2nd, 2023. Apple CEO Tim Cook is set to take center stage on the earnings call. Investors will be watching closely for key items including iPhones, fallout from ongoing lockdowns in China, mounting layoffs in the tech industry and beyond and questions about the state of the U.S. economy overall. Yahoo Finance's Brian Sozzi and and Brad Smith break down the three things they're watching after the call.Make sure you tun into their live coverage following Apple's earnings call later this afternoon Watch: Yahoo Finance Live Programming - 10am ET: Cathie Wood discusses tech Earnings - 11am ET: Why the earnings call matters - 4:30pm ET: Dave Briggs and Seana Smith bring Apple's earnings to you live - 6pm ET (or when earnings call ends): Brian Sozzi and and Brad Smith will have a vibe check with market reaction and a look ahead at what Apple's results mean for both consumers and investors.
After a rough 2022, the S&P 500 has gotten off to a solid start in 2023. The broad-market index rose 6.2% in January as investors responded bullishly to falling inflation and signs the Federal Reserve would start slowing its interest rate hikes. Warner Bros. Discovery (NASDAQ: WBD) shares had a dismal 2022 as AT&T's spinoff of Warner Media and merger with Discovery Communications revealed a number of problems with the new media company.
2022 was a wake-up call for Netflix (NASDAQ: NFLX) shareholders, as the entertainment innovator got off to a rocky start, losing 1.2 million customers in the first six months of the year. Netflix's 7.7 million customer additions exceeded not only management's internal forecast of 4.5 million but Wall Street's expectation of just under 4.6 million. In the U.S. and Canada, otherwise known as the UCAN region, Netflix added 910,000 new members during the three-month period, the most in any single quarter in the region since Q4 2021.