Market Indicator Turns Bullish for Apple Just Before Earnings
Analysts see $109.5 billion in revenue and 22% upside potential as investors focus on iPhone demand and the planned CEO handoff to John Ternus.
5 Articles
5 Articles
Wall Street is bullish ahead of Apple earnings, but is looking for answers about the post-Tim Cook era
Bloomberg/Getty ImagesApple's quarterly results are due after the closing bell on Thursday. Wall Street analysts are looking for clues about incoming CEO John Ternus.The tech leader is expected to post $109.5 billion in revenue and earnings-per-share of $1.92.Apple is gearing up to report earnings for its fiscal second quarter on Thursday, and it'll be the first report since Tim Cook announced he would step down as CEO later this year. John Tern…
Incoming Apple CEO John Ternus expected to join Apple's Thursday earnings call
Apple’s incoming CEO John Ternus Apple investors are eager for a closer look at John Ternus as the next CEO of the iPhone maker when Apple reports quarterly results on Thursday, with Wall Street expecting another strong performance. Although Ternus formally takes over from Tim Cook in September, Apple’s decision to announce the succession just days before earnings has convinced analysts he will join the post-results conference call. Reuters: …
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Bias Distribution
- 67% of the sources lean Left
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