MarketsMuse blog update profiles iPhone company’s, Apple, lacking in sales even with the new iPhone 6 and the recent release of the iWatch, effecting the tech ETFs. This MarketsMuse blog update is courtesy of ETFTrends’ Todd Shriber’s article “Ahead of Earnings, no Love for Apple ETFs”, with an excerpt from ETFTrends below.

Apple (NasdaqGS: AAPL), the world’s largest company by market value, reports fiscal second-quarter earnings after the close of U.S. markets Monday with analysts expecting per share earnings of $2.16 on revenue of $56.1 billion.

Should the reported numbers be close to or in-line with those estimates, Apple’s second-quarter results will lag the $3.06 per share on sales of $74.6 billion reported in the fiscal first quarter, turning investors’ attention to iPhone 6 and iPhone 6 Plus sales, Apple Watch comments and the company’s plans to return capital shareholders.

Apple reinstituted its dividend in the third quarter of 2012 after a 17-year hiatus. Since reintroducing the payout at 37.8 cents per share per quarter, Apple’s dividend has grown at an impressive clip to 47 cents a share per quarter.

It is not a stretch to say few companies’ earnings reports are as closely monitored and scrutinized as Apple’s, but even with the fervor leading up to the iPad maker’s latest batch of quarterly results, investors have been shying away from exchange traded funds with hefty allocations to the stock.

To continue reading about the fall of Apple’s sales and the effects it has on tech ETFs from ETFTrends, click here.