When Apple posts second-quarter earnings today, don’t expect a blowout. Wall Street certainly isn’t. The eager anticipation that once preceded Apple’s quarterly earnings reports has turned to apprehension following a steep plunge in the company’s stock price over the past seven months. And the question troubling many minds today is not whether Apple will exceed analyst expectations, but if it will even manage to exceed its own. Since reaching an all-time high of $702.10 last September, Apple’s stock has charted a precipitous decline, one that sheared about $280 billion off the company’s market capitalization.
BING NEWS:
- Apple Loop: iPhone 16 Pro Design, Latest iOS Problem, Apple’s Ambitious AI Browser
This week’s Apple headlines; iPhone 16 design leaks, iPhone alarm problems, a Mac-beating iPad Pro, Watch Ultra 3 specs, buying into Safari search, new titanium cards for all, and ...
05/3/2024 - 11:25 am | View Link - Apple’s China sales tell a different story than what analysts have heard for months. Where is the disconnect?
Independent researchers painted a bleak picture of Apple’s China business during the most recent quarter, but the damage was lighter than expected.
05/3/2024 - 11:08 am | View Link - AI Could Breathe Life Back into Apple’s iPhone Sales
Apple — and investors — are looking to artificial intelligence to breathe new life into its offerings, particularly as iPhone sales continue to sputter.
05/3/2024 - 5:50 am | View Link - Here’s what is so amazing about Apple’s stock buybacks
It turns out that Apple’s buybacks have had quite a positive effect on its earnings per share. When a company repurchases stock, the share count is lowered, which boosts EPS. But if the company has ...
05/3/2024 - 5:23 am | View Link - Apple’s 1Q iPhone sales see 10% drop
The 10% drop in year-over-year iPhone sales for the January-March period is the latest sign of weakness in a product that generates most of Apple's revenue. It marked the biggest drop in iPhone sales ...
05/2/2024 - 7:54 pm | View Link - More
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