Here's what analysts at major Wall Street firms expect from Apple's upcoming earnings report

Analysts on Wall Street are cautious on Apple ahead of the tech giant's its fiscal fourth-quarter report Thursday amid signs of softening demand. The tech giant's quarterly results come on the heels of several product launches. Apple released its long-awaited iPhone 15 product line with USB-C charging in September, as well as a new Apple Watch and updated AirPods.

mountain Apple stock in 2023 The company will post its September quarter results Thursday after the bell. Analysts are estimating earnings of $1.39 per share on revenue of $89.28 billion, according to LSEG. According to StreetAccount, Apple has beaten consensus earnings in 17 of the last 20 quarters. Take a look at what analysts are forecasting ahead of the company's announcement: Deutsche Bank trims price target Deutsche Bank reduced its price target on shares to $200 from $210.

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Apple earnings are on deck, and Wall Street isn't feeling so cheeryAnalysts have some concerns about the holiday-quarter outlook in light of economic unease and China pressures
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »