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Apple: Barclay’s warns on dropping demand, rising pressure

Yahoo Finance Video

Yahoo Finance Live’s Brian Sozzi discusses a Barclay’s analyst’s warning on Apple stock ahead of earnings.

Video transcript

[AUDIO LOGO]

BRIAN SOZZI: All right, before we had a break, let's get a look at Apple, as the Street eyes the company's earnings Thursday evening. Barclays analyst Tim Long is sending a warning to investors ahead of the results. Says Long, "We see a miss for the December quarter across hardware and services. March quarter looks to be at risk due to deteriorating demand trends." Long adds, he sees pressure on Apple's earnings estimates and valuation this year.