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AAPL Stock rallied 36.80% in six months and 50.31% YTD.
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Apple Inc. will announce quarterly earnings on August 3, 2023.
Apple Inc.’s (NASDAQ: AAPL) stock gained 1.35% and the company will report quarterly earnings in this earnings week on August 3, 2023. As per recent reports, the United States smartphone shipment size contracted by 24% year-over-year in Q2 2023 amidst lower upgrade rates. Wall Street is curious about upcoming earnings as the Feds already hiked the interest rates, deepening the macroeconomic scenario.
Apple Inc. (AAPL) Stock: Financial Analysis
The drop in U.S. smartphone shipments has continued for the last three quarters. Major Android brands like Motorola, Samsung, and TCL-Alcatel registered a steep decline, while Apple’s data remained resilient. Hence, the iPhone manufacturer’s shipment shares swelled up.
The U.S. job reports for July 2023 will be released on August 4, 2023. The market is entering August 2023 with impr
We współpracy z: https://www.thecoinrepublic.com/2023/07/31/apple-inc-aapl-stock-earnings-on-august-3-2023-estimations/
