Apple will deliver another blowout quarter led by the sales of the newly launched iPad and iPhone 4.
Investors are expecting a strong quarter from IBM with double-digit earnings growth anticipated.
Wall Street is looking for another strong quarter from Intel as the second quarter earnings season gets underway.
Several earnings reports that will come out this week could provide investors with early indications of the health of their sectors.
Investors should take notice of these earning calls this week for any data they may provide to justify a bull rally.
Despite an attractive valuation, RIMM is losing market share to Apple and will likely report disappointing quarterly numbers once again.
Barring any integration issues with the Sun Microsystems acquisition, Oracle should report a solid quarter.
Look for another solid quarter from Adobe and a 2-3% jump in the stock price following the earnings release.
Based on initial evidence of strong pc sales in the first quarter, we expect that continued strong demand for Windows 7 could result in another strong quarter for Microsoft.
Investors have come to expect Apple to low-ball their guidance numbers and then easily exceed both their guidance and Wall Street analyst expectations.