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🐂🐂🐂 About Apple🍎 Earnings & Share Price🥳

@LMSunshine
$Apple(AAPL)$ ended at an 8-month peak of $169.68 on 28/4 (Fri), the highest level since 26/8/22🐂🐂🐂 At its current valuation, 🍎 has a market cap of $2.68 trillion, making it the most valuable company trading on the 🇺🇸 stock exchange. Shares are up 30.6% so far in 2023, almost quadrupling the 7.7% rise in the S&P 500 index, was outperforming the broader market by a wide margin over the same timeframe🥳🥳🥳 ⭐️ I expect 🍎 to follow 🐂-ish earnings reports MSFT, GOOGL, META, & AMZN last week $Alphabet(GOOGL)$ Bullish$Amazon.com(AMZN)$ Bullish$Meta Platforms, Inc.(META)$ Bullish$Netflix(NFLX)$ Bullish ⭐️ Earnings per share are expected to be $1.43, a decline of 5.9% from a year ago, according to Investing Pro data, due to elevated operating expenses amid the current macro backdrop. ⭐️ Revenue in the March quarter is forecast at $92.84 billion, or a 4.5% decrease annually, as 🍎 faces weak demand for its Mac computers amid a deteriorating PC market. ⭐️ Analysts have raised their EPS estimates 10 times in the past 90 days, while 19 of the analysts surveyed downwardly revised their AAPL earnings forecast. ⭐️ Despite the expected decline in profit & sales growth, AAPL’s services business (the fastest growing segment in fiscal Q1 with annualised revenue growth of 6.4%) is expected to shine🌟🌟🌟 The segment includes sales from the App Store, Apple Card payment fees, subscriptions, extended warranties, licensing fees, & advertising. ⭐️ Last week, in partnership with Goldman Sachs (GS), 🍎 announced its entry into the banking system by offering a high-interest (4.15%) savings account for Apple Card holders. ⭐️ As part of its growing streaming investments, during the quarter 🍎 began a 10-year partnership with Major League Soccer, launching MLS Season Pass, which gives soccer fans access to every live MLS regular season game as well as the playoffs & MLS Cup. ⭐️ AAPL’s new line of hardware products such as the new MacBook Pro, which are powered by the company’s new M2 Pro & M2 Max chips. These models offer not only robust performance, but they also use less energy which elongates the battery life🥳🥳🥳 🍎 is well positioned to withstand the challenging economic climate given its dependably profitable business model, healthy balance sheet & safe cash pile💵💵💵 Do follow me if you enjoy reading analytical stock research🔍 presented in a fun & easily understandable way😉 & for the Latest Stock & 🗞🗞🗞 Updates🕵🏻‍♀️❣️ Please help to click on the “Like” & “Share/Repost” buttons at the Bottom Right corner so that more 🐯🐯🐯 can access this information, many thanks🤗🥰 You will Greatly Encourage Me❣️ As usual-🤔💭 Consider POV & Actions of Investors + 👩🏻‍💻👨🏻‍💻 Research + 🗑FOMO & Greed = Investing Wisely 🤓🤗 + Accumulating Wealth 💵💰 @TigerStars @CaptainTiger @MillionaireTiger
🐂🐂🐂 About Apple🍎 Earnings & Share Price🥳

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