CF Apple Computer

Apple on Tuesday will announce its quarterly results and according to the Wall Street Journal the market will be watching them for clues as to the overall health of consumer spending. A week after unveiling a new series of MacBook computers and still riding the success of the iPhone, Apple may be a bellwhether of where the CE market is heading. Apple’s stock, however, has dropped nearly 50 percent since the start of the year.

Analysts quoted by the Journal predicted Apple will report revenue of just over $8 billion.