Bloomberg reported this article about Apple slowing down their hiring although has send the market off track on the day itself, but Apple's share price has gone back up and higher the very next day. Apple is likely to report a fairly decent earning this coming end July, but may have a weaker guidance moving forward. iPhone 14 is a very much anticipated model to be released for a while now, there should have strong demands for this coming model and thus will drive Apple's share price higher back up closer to the once 3 trillion market cap again.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments