Apple Earnings: Don't Let The iPhone Record Sales Fool You
In this video, I will go over 's (NASDAQ: AAPL) second-quarter earnings report. It beat expectations, but the company's growth story is plateauing and in some categories down significantly. Given a price-to-earnings (P/E) ratio of 30, declining sales year over year, and a lack of innovation, I found it difficult to call this a good quarter, and I'll explain why.
*Stock prices used were from the trading day of May 4, 2023. The video was published on May 5, 2023.
Source Fool.com
Apple Inc. Stock
€206.25
0.190%
Currently there is a rather positive sentiment for Apple Inc. with 105 Buy predictions and 6 Sell predictions.
With a target price of 210 € there is a slightly positive potential of 1.82% for Apple Inc. compared to the current price of 206.25 €.
