tigjun21
2022-10-29

Apple's ( $Apple(AAPL)$) earnings top highlight is probably its gross profit margin of more than 42%. This is very impressive considering the current tough economic environment, and in comparison against other tech giants' (such as Alphabet and Amazon) recent earnings reports. It is also worthwhile to mention that Apple has beaten EPS estimates for the past 4 quarters.

Overall, AAPL did not let its faithful investors down, and its bullish share price (as of 28 Oct 2022) instil confidence in the current depressing stock market.

As a long term believer of AAPL, I will be keen to accumulate and hold this darling stock at US$138 - 140.

@TigerStars

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Comments

  • ChristKitto
    2022-10-30
    ChristKitto
    if u bought AAPL exactly 2 weeks ago on 10/14, u could’ve bought it at $138. Yesterday’s close at $155, You would be up +17 holding a +12% gain.
  • littlesweetie
    2022-10-30
    littlesweetie
    Just don’t think there is much catalyst to move this higher . Both iPhone and IPad revs came up short, They said rev will slow down in December, Mac sales which saved the stock will decline in December.
  • CrystalRose
    2022-10-30
    CrystalRose
    holiday season coming !!! Don't forget new phones were only one or two weeks of this past qtr , gonna roll baby !!! Looking good !!
  • boasho
    2022-10-29
    boasho
    Is more growth expected?
  • Rudyy
    2022-10-29
    Rudyy
    ok
  • Sufigus
    2022-10-29
    Sufigus
    👍
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