share_log

Apple Chart Suggests Investors Aren't 'Buying The Fear': IPhone, AI Expectations In Focus For Q2

Benzinga ·  May 1 09:03

Apple Inc(NASDAQ:AAPL) is set to report second-quarter earnings on Thursday after market hours.

Wall Street expects $1.40 in earnings per share (EPS), and $84.12 billion in revenue. That's down from the $1.52 in EPS and $94.84 billion in revenue, reported for the same quarter, last year.

Despite recent challenges, Apple's strong track record of beating earnings expectations could offer some optimism for investors.

Also Read: Wall Street Braces For Brutal Apple Earnings, But Top Analyst Gives 6 Reasons To Stay Bullish On iPhone Maker

Analyst Suggests 'Buying The Fear'

Apple stock is down 11.53% year-to-date, weighed down by a...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment