Apple Q3: Too high to touch!
@Value_investing:
After the bell, Apple $Apple(AAPL)$ released its third-quarter results for fiscal 2023 (the second quarter of 2023), with revenue and net profit beating analysts' expectations:Despite the bright results, Apple's shares fell as much as 3% in after-hours:A detailed study of the reasons may be related to the lower-than-expected revenue of iPhone and iPad. Of course, the most important thing is that Apple has risen as high as 47% during the year when its fundamentals have not improved. As the saying goes, It is too high to touch! it is easy for investors to pick bones in the eggs if they are slightly lower than expected.Specifically, Apple's revenue in the third quarter of fiscal 2023 was $81.8 billion, down 1.4% from a year earlier and slightly highe