Apple's stock is surging after earnings, but analysts aren't that impressed

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

España Noticias Noticias

España Últimas Noticias,España Titulares

'This company is an earnings powerhouse.' Here's what experts had to say after Apple reported earnings last night.

and wearables, along with a big stock buyback, stopped analysts from getting more negative on the stock, and in a few cases, even caused them to raise their price targets.

On China Cook noted, "We certainly feel a lot better than we did 90 days ago. ... We like the direction we're headed with iPhone and our goal now is to pick up the pace." "While we acknowledge that a 22% decline in China revenue is far from a resurgence, Tim Cook did highlight that iPhone declines in the last few weeks of March were significantly smaller than they were to start the quarter," analyst Timothy O'Shea said.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

What is the channel number for Comcast?

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 12. in ES

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Fed and tech stocks could crack the market rally, warns Wall Street strategistOur call of the day, from Miller Tabak Asset Management’s strategist, Matt Maley, warns that any shift in the Fed’s dovish stance this week could cause this...
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

Wall Street set for flat open as investors await fresh earningsU.S. stock index futures were trading flat on Monday after hitting a closing hig...
Fuente: Reuters - 🏆 2. / 97 Leer más »

Busy Week Of Data, Earnings Ahead For Wall Street After Record ClosesAfter record-setting closes last week, the market seems to be anticipating another busy week of earnings, a calendar full of economic reports and a rate decision from the Federal Reserve
Fuente: Forbes - 🏆 394. / 53 Leer más »

Most Wall Street analysts are really positive ahead of Alphabet's earnings report after the bellAnalysts have big expectations for Alphabet's earnings report on Monday after the bell.
Fuente: CNBC - 🏆 12. / 72 Leer más »