Apple Earnings Preview: Wall Street Expectations for Q3 Report
"We view AAPL as a long-term earnings & free cash flow compounder with strong visibility into that growth that supports a premium valuation."
Stay updated with breaking news from Analyst Notes. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
"We view AAPL as a long-term earnings & free cash flow compounder with strong visibility into that growth that supports a premium valuation."
Fundstrat sees inflation tracking below consensus based on real-time measures of CPI, and that inflation is nearing the Fed's long-term target of 2%.
Bank of America expects Apple to sell 1.5 million units of the Vision Pro in its first year, while Wedbush expects sales of only 150,000 units.
"We remain cautious on valuation, particularly in the context of lofty unit volume growth expectations, and continue to see material downside risk."
"While there are many reasons to think stocks could fall further, current insider sentiment is not one of them," Argus Research said.