European Factors to Watch-Equity futures point to steady open

miércoles 27 de enero de 2016 03:10 GYT

(Adds futures prices, company news items)

LONDON Jan 27 (Reuters) - European equity futures were steady on Wednesday, while technology stocks could be in focus after Apple forecast its first revenue drop in 13 years.

Futures on the Euro STOXX 50, Germany's DAX, France's CAC and Britain's FTSE were flat to up by 0.1 percent.

Apple Inc predicted its first revenue drop in 13 years and reported the slowest-ever increase in iPhone shipments as the critical Chinese market showed signs of weakening, suggesting the technology company's period of exponential growth may be ending.

The update from Apple could impact European chipmaker stocks such as ARM , Dialog and ASML, which typically provide components used in iPhones.

The pan-European FTSEurofirst 300 index rose 0.9 percent on Tuesday, helped by a rebound in oil prices although crude oil futures prices fell back again on Wednesday.


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