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07-16

Apple shares good to invest 

Headline Beat, China Miss — What Will Apple Trade On Next?
Apple fell 1.88% Monday and another 2.78% after earnings despite revenue of $114.5B (+12%) and EPS of $2.10 beating estimates. EPS included a $0.05 tariff refund, which lifted gross margin about one point to 47.9%. China revenue of $17.54B missed expectations. Bulls cite record iPhone and Services revenue; bears flag supply constraints, weak China demand, and valuation. What will matter most for Apple’s next high: iPhone supply, Services growth, or China?
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