• Sat. Aug 13th, 2022

Why Apple Stock Is Moving

ByHenry Khederian

Jul 28, 2022
Why Apple Stock Is Moving

Apple Inc AAPL shares are trading marginally lower by 1.26% to $154.82 during Thursday’s trading session in anticipation of the company’s third-quarter earnings report.

According to analyst consensus estimates, Apple is expected to report revenue of $82.60 billion on EPS of $1.16.

What Else?

Apple is widely expected to report a year-over-year decline in earnings per share and record anemic sales growth. On the June quarter earnings call, Apple CFO Lucas Maestri said the fiscal third quarter will likely take a $4-billion to $8-billion hit from COVID-19 supply disruptions in China and chip shortages… Read More

See Also: Ford Stock Is Rising: Here’s Why

According to data from Benzinga Pro, Apple has a 52-week high of $182.94 and a 52-week low of $129.04.



Image and article originally from www.benzinga.com. Read the original article here.