The tech giant's Q2 earnings are under greater scrutiny after disappointing results from other Magnificent 7 stocks.This announcement will come after the tech giant reclaimed its position as the world's most valuable company, with its share price up 15.35% since the start of the year.
As one of the highlights of a busy week of earnings reports, Wall Street strategists will closely watch Apple's performance. Here’s what they expect from the tech giant for the third quarter.Analysts expect Apple to report sales of $84.377 billion, a 3.15% year-on-year increase, and earnings per share of $1.34, up 6.35% from the same quarter last year.
This AI assistant is expected to enhance Siri, enabling the chatbot to generate emails and images. The technology will be available only on the latest devices, starting with the iPhone 15 Pro, which could trigger a major wave of device upgrades.Apple's Share Price Potential According to Analysts and Valuation Models
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