Apple Sours Tech Sector's Week With Earnings Anxiety

Dan Ives, chief strategy officer and head of technology research at GBH Insights, discusses tech earnings.(Source: Bloomberg)

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By Elena Popina

April 27, 2018 at 3:50 PM UTC

This article is for subscribers only.

For all the hubbub surrounding tech earnings, a company that hasn’t yet reported is the biggest drag on the sector for a second straight week.

Yep, Apple -- and not earnings eggs laid by Alphabet or PayPal or even EBay -- is the primary reason the S&P 500 Information Technology sector has been in the red for the five days, as concern mounts that the iPhone maker will disappoint an already jittery market when it reports May 1.