Apple Preview: Can Tech Giant Repair 'Cracked Halo'?
January 23, 2013 at 12:07 PM EST
Earnings beats from Google and IBM boosted Apple stock on Wednesday, as traders bet the one-time darling could regain some of its luster when it reports earnings after the bell. Apple earnings are expected to decline about three percent from year ago levels, and revenues are expected to be up 18 percent at $54.73 billion.