'A growth turnaround beginning': Here's what Wall Street expects from Apple's 3rd-quarter earnings

Category: Business

Investors are anticipating Apple's third-quarter earnings report, which is crucial due to weak demand and competition in China. Analysts remain optimistic, citing potential growth from Apple's AI initiatives and iPhone 16 demand. Various firms have issued positive ratings and price targets for Apple stock, while also noting risks from geopolitical tensions and changing consumer behavior.

Keywords: Apple, Earnings Report, AI Initiatives

Source: Business Insider

Update At: 8/2/2024

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