Analysts tally up the wins for Apple following blockbuster results. One piece of advice: pick up some beaten-down shares.
The pullback in Apple shares since the start of the year is offering up a golden opportunity for investors to get some exposure to the tech giant, after a blowout set of results.
Muscling past a pandemic and supply-chain woes, Apple made just enough optimistic noises about the current quarter to keep Wall Street satisfied. Apple shares were up close to 4% in premarket trading on Friday, but a tech-fueled selloff for Wall Street so far this year has driven a 10% drop in shares of the iPhone maker.
“We believe as the active base of installed iPhone users grow, Services is likely to grow multiple times faster and should result in strong margin mix shift,” they added.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Apple Reclaims No. 1 Spot in China, Hits Record iPhone Market Share in the Fourth QuarterApple took advantage of the gap in the high-end market left by Huawei and found success with the with the iPhone 13 which had strong camera and 5G features.
Read more »
Apple is the world’s most valuable brand in 2022Apple is declared the world's most valuable brand of 2022, while TikTok is the fastest growing brand.
Read more »
Apple Releases iOS 15.3 With 10 Important iPhone Security Updates & FixesApple iOS 15.3 is a long-expected update with new security updates and fixes. Read on for what’s in it and how to get it.
Read more »
Apple rolls out fix for a bug that could break iCloud syncingThe issue has been affecting apps since November.
Read more »