News Formal

Apple Q3 Earnings Preview: a Closer Look at Earnings Forecasts and China Market Strategy

  • 📰 DailyFX
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Discover what to expect from Apple’s Q3 earnings report on 2 August, with a focus on financial forecasts, share repurchases, and the tech giant's strategy as it navigates challenges in China.

Forex Update: As of 14:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: -0.01% 🇪🇺EUR: -0....Last quarter , Apple reported a revenue beat of $90.75 billion vs. $90.01 expected and an EPS beat of $1.53 vs. $1.50 estimated. The company announced that the board had authorised $110 billion in share repurchases, a 22% increase over the previous year's $90 billion.

Aware that if Apple's share price were to see a sustained break below $200/$190, it would negate the bullish outlook and warn that a deeper pullback is underway,Apple is scheduled to report its third quarter earnings on Thursday, August 1, 2024. We favour buying dips in Apple's share price towards support at $210/200, looking for a move towards $250/$270 in due course.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 305. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Nike earnings preview: Analysts discuss Q4 report’s key focus areasNike earnings preview: Analysts discuss Q4 report’s key focus areas
Källa: Investingcom - 🏆 450. / 53 Läs mer »

Dow Jones, Nasdaq, S&P 500 weekly preview: Focus shifts to Q2 earningsDow Jones, Nasdaq, S&P 500 weekly preview: Focus shifts to Q2 earnings
Källa: Investingcom - 🏆 450. / 53 Läs mer »

Micron earnings preview: Analysts unveil new price targets ahead of Q3 printMicron earnings preview: Analysts unveil new price targets ahead of Q3 print
Källa: Investingcom - 🏆 450. / 53 Läs mer »