Apple is set to report next week as megacap earnings kick into high gear. The quarterly results from the iPhone maker are always important, but they won't determine what's next for the stock. It's a weird time for Apple, whose stock started 2024 as one of the most hated on Wall Street coming out of last year's tech boom. It regained its luster ahead of better-than-feared earnings in May and last month's artificial intelligence announcement.
Apple CEO Tim Cook delivers remarks at the start of the Apple Worldwide Developers Conference on June 10, 2024 in Cupertino, California. Apple will announce plans to incorporate artificial intelligence into Apple software and hardware.is set to report next week as megacap earnings kick into high gear. The quarterly results from the iPhone maker are always important, but they won't determine what's next for the stock.