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01.05.2020 Apple Daily Analysis

Apple today is trading at $293.80, it went up with $6.07 mainly because Apple reported sales and profits that beat Wall Street expectations on Thursday. 

Yazar: editor_1

Yayınlanma: 1 Mayıs 2020 19:19

Güncellenme: 13 Kasım 2024 23:49

01.05.2020 Apple Daily Analysis

Apple today is trading at $293.80, it went up with $6.07 mainly because Apple reported sales and profits that beat Wall Street expectations on Thursday.  The company announced  its Earning reports yesterday and although their shipment report sank more than 4%  which was a magnificent dip but below the industry average , their share of the market grew hitting 8.5% from 7.3% last year. Chief Executive Officer Tim Cook pointed out that China sales were headed in the right direction as the country reopens from restrictions imposed to curb the outbreak of the novel coronavirus. More so the company is expected to release its first 5G phone this year.
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