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

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.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nike earnings preview: Analysts discuss Q4 report’s key focus areasNike earnings preview: Analysts discuss Q4 report’s key focus areas
Source: Investingcom - 🏆 450. / 53 Read more »

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
Source: Investingcom - 🏆 450. / 53 Read more »

Micron earnings preview: Analysts unveil new price targets ahead of Q3 printMicron earnings preview: Analysts unveil new price targets ahead of Q3 print
Source: Investingcom - 🏆 450. / 53 Read more »