(ADVISORY- Reuters plans to replace intra-day European and UK stock market reports with a Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets for site in development. See the bottom of the report)
LONDON, April 27 (Reuters) - European equity futures fell on Wednesday, with several leading banks posting a fall in profits, while technology stocks may come under pressure after Apple reported its first-ever decline in iPhone sales.
Futures on the Euro STOXX 50, Germany's DAX France's and Britain's FTSE were all down between 0.2-0.3 percent.
On Tuesday, Apple posted its first-ever decline in iPhone sales and its first revenue drop in 13 years as the company credited with inventing the smartphone struggles with an increasingly saturated market.
The company's sales dropped by more than a quarter in China, its most important market after the United States, and it also forecast another disappointing quarter for global revenues.
In the banking sector, Barclays, Santander and SEB all reported lower profits.
Investors will also be focusing on a U.S. Federal Reserve meeting later in the day.
While the Fed is expected to hold interest rates steady, it could also take a more upbeat view on the economy, keeping the way open for future rate rises.
German sporting goods group Adidas hiked its guidance for 2016 as it reported a 35 percent jump in first-quarter operating profit, citing strong brand momentum.
Barclays reported a worse than expected 33 percent slump in pretax profits for the first three months of the year, as the lender followed its U.S. peers in reporting falling investment banking revenues in a weak global market environment.
Belgian supermarket group Delhaize reported on Wednesday a stronger-than-expected operating profit in the first quarter, driven by lower costs and strong sales growth in Southeastern Europe.
Deutsche Bank's co-chief executive Juergen Fitschen said Germany's biggest bank aimed to close its major legal disputes by the end of the year, according to comments he made to a German newspaper.
German forklift truck maker Kion said its first-quarter operating profit rose to 98.6 million euros ($111.4 million) thanks to sustained demand for its forklift trucks and warehouse services business in Europe.
Nestle has struck a deal with Britain's R&R Ice Cream to form a joint venture that will sell ice cream and frozen food in over 20 countries, its latest attempt to adapt to a changing and more competitive packaged food market.
Nordea, the Nordic region's biggest bank by market value, reported first-quarter operating profit that missed forecasts on Wednesday as its core net interest income landed below expectations.
Norsk Hydro, one of the world's largest aluminium producers, said the global primary metal market was largely balanced this year as it reported operating earnings above forecasts for the first quarter on Wednesday.
Carmaker Peugeot posted Q1 revenues of 13 billion euros.
Banco Santander, the euro zone's biggest bank, on Wednesday posted a 4.9 percent fall in first quarter net profit from a year earlier, hit by a deepening recession in Brazil, its second biggest market.
Swedish banking group SEB reported first-quarter underlying operating profit below expectations on Wednesday as low corporate customer activity hit earnings.
Norwegian oil major Statoil reported adjusted operating earnings above forecasts for the first quarter on Wednesday and maintained its outlook and quarterly dividend.
Franco-Italian chipmaker STMicroelectronics reported first-quarter results in line with expectations on Wednesday, helped by a good performance from its automotive division. ------------------------------------------------------------------------------ > GLOBAL MARKETS-Asia stocks subdued with central banks in focus, oil holds gains > US STOCKS-S&P500 index buoyed by commodity sectors; Apple drags futures lower > Nikkei slides as Apple-linked stocks wilt, poor earnings stoke worries > TREASURIES-U.S. yields rise on supply ahead of Fed statement > FOREX-Aussie plunges as prices fall; dollar and yen look to Fed, BOJ > PRECIOUS-Gold edges up ahead of Fed on softer dollar, weak U.S. data > METALS-Copper extends losing streak to 3rd day on China concerns > Oil prices jump on weak dollar, strong investor appetite
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Mike Dolan, Markets Editor EMEA. (Reporting by Sudip Kar-Gupta)