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Benzinga
112 days

Readers Correctly Predicted Tesla Earnings – Here's Their View On Apple Stock

1. Apple is expected to report Q2 EPS of $1.62, up from $1.53 last year. 2. Expected revenue for Q2 is $94.30 billion, up from $90.75 billion. 3. Apple has a strong history of beating EPS estimates for eight consecutive quarters. 4. Poll results show mixed predictions for Apple's earnings, with 30% expecting a beat. 5. Analysts and investors are looking for insights on iPhone sales and macroeconomic factors.

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FAQ

Why Bullish?

Apple's consistent history of exceeding expectations suggests a potential positive reaction in shares, reminiscent of past performances where strong earnings led to share price increases.

How important is it?

The article discusses relevant earnings expectations and public sentiment, which are crucial for AAPL's market performance.

Why Short Term?

Immediate focus on upcoming quarterly earnings will drive market sentiment, similar to past earnings reports affecting AAPL stock in the short term.

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