Apple earnings: Analyst expects strong showing on steady iPhone demand

Wedbush analyst Daniel Ives expects Apple to report strong iPhone revenue when it issues its second-quarter earnings report on Thursday. Ives says that Chinese demand is fueling sales. Apple’s iPhone revenue is expected to be at least in line with expectations, according to Ives. He says that the company is benefiting from strong demand in China, which is its second-largest market.Apple’s earnings report will be closely watched by investors. The company is the world’s most valu