​​​​​Can Upcoming Q2 Earnings give Apple’s Stock a Much-needed Boost?​​​​​

  • 📰 DailyFX
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 63%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

​​Upcoming earnings from Apple will need to show that it is overcoming slow iPhone sales, after a tough start to the year for the stock price​

​However, Apple's continued strong profitability, fuelled by growth in its services segment and a higher mix of consumers opting for premium iPhone models like the Pro line, should help offset some of the weaker sales numbers.

​The current median target price is $200, representing an 18% upside from the stock price as of the close on 25 April.​The price has fallen from its record high in early December at $200, reaching a low of $164.08 on 19 April, a drop of 18%. However, the price closed at $164.84 low, the same level as the low hit on 26 October 2023. Since then a small rally has taken place.

​A close below $164.08, the April low brings the September 2022 high at $163.50 into view, followed by $156.26, which marked a high in October 2022 and February 2023.Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. Forex trading involves risk. Losses can exceed deposits.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 305. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Q1 S&P 500 Earnings: Another Normal Earnings Season in the Offing?Stocks Analysis by Brian Gilmartin covering: S&P 500, Intuitive Surgical Inc, Johnson & Johnson, Abbott Laboratories. Read Brian Gilmartin's latest article on Investing.com
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »

What is Earnings Season & What to Look for in Earnings Reports?Learn about earnings season and when it occurs, what to look for in earnings reports, and top tips for trading the period.
Fonte: DailyFX - 🏆 305. / 63 Consulte Mais informação »

Rihanna Net Worth 2024: Fenty Beauty Earnings, 'Black Panther 2' EarningsRihanna's net worth in 2024 reveals her 'Black Panther 2' salary and how much she makes from Fenty Beauty, Savage x Fenty and her music career.
Fonte: StyleCaster - 🏆 104. / 63 Consulte Mais informação »