All eyes are on technology giant Apple (NASDAQ: AAPL), which is set to release second-quarter fiscal 2024 results after market close on May 2. Since Apple accounts for nearly 7% of the total market capitalization of the entire technology sector on the S&P 500 Index, it is worth taking a look at its fundamentals ahead of its quarterly results.Apple shares are down about 7.6% over the past three months, underperforming the industry’s decline of 3.9%. The trend is expected to reverse, given that the tech giant has a reasonable chance to beat earnings estimates. It saw positive earnings estimate r…