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Apple is expected to report earnings of $1.51 per share, down slightly from $1.52 per share in the year-ago quarter, according to FactSet. Revenue is also expected to fall to $90.4 billion, down ...
Shares of Apple (NASDAQ: AAPL) have delivered returns of 33% in 2024 as of this Dec. 30. They have gained momentum since the company released results for its fiscal 2024 fourth quarter (which ...
Wednesday, Feb. 1, 2023. Apple's upcoming earnings could be a bellwether for the rest of the industry. Apple will report its first quarter earnings after the bell on Thursday.The announcement ...
If Apple's stock falls to a P/E ratio of 30, the stock price would need to decline by nearly 30%. A P/E ratio of 25 (around the S&P 500's valuation) would imply a fall of more than 40%.
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But this turnaround in earnings today is in part what helped drive stocks earlier this year. Today's worries from investors, then, are centered around rising bond yields and what the Fed's "higher ...
Apple stock trades at a forward price-to-earnings (P/E) ratio of 30 based on fiscal 2025 analyst estimates. Before the COVID-19 pandemic, the stock generally traded at a much lower P/E, sometimes ...