All Eyes on Q2 Earnings of Apple Inc.
This article is originally referred from Fortrade News.
Apple to Release Quarterly Earnings – Don’t Miss Out!
The world’s largest publicly traded company, Apple Inc. (AAPL) is reporting its second quarterly earnings after Tuesday’s market close in what is seen as a highlight of the earnings season.
The tech giant’s stock recently hit an all-time high, and it now has over $16 billion in cash and equivalents on its balance sheet.
Despite Apple’s unquestionable market-leading position, the consumer electronics company still faces a number of risk factors, which include changing global economic conditions, fluctuating consumer demand and growing competition from Asian technology vendors.
Will Apple meet or beat Wall Street’s consensus estimate of $45.7 billion revenue and $1.63 earnings per share?
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Original Source: Fortrade News