$Apple(AAPL)$Apple's Q2 2022 Earnings Conference call is to be released on April 28! As the world's most valuable publicly-traded company, its earnings update is important for investors to check.
IOS devices are boosted on the return to work and reopening of the U.S. economy. While we are now moving to a post-Covid-19 pandemic recovery era, the supply chain constraint could be a vital factor to consider. Generally, analysts continue to see Apple as a long-term winner, believing there is more room for revenue growth in advertising-related areas, AR/VR opportunities, and Apple services like TV and Music. Bank of American keeps an objective price at $215, reiterates BUY. Moreover, it is expected for Apple to announce a $70 billion+ buyback authorization during the earnings call.
Therefore, the upcoming earnings result can explain a lot of situations while also creating trading opportunities![Cool] [Cool] [Cool]
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Apple remains one of the gems in any kind of era.