From NASDAQ: 2024-05-02 20:00:08

Apple reported a decline in revenue to $90.75 billion with an EPS of $1.53 for the quarter ended March 2024. The revenue beat the Zacks Consensus Estimate by +0.85%, while the EPS exceeded expectations by +1.32%. Key metrics, including geographic revenue and product sales, were also analyzed for performance.

Apple’s stock has returned -0.2% over the past month. With a Zacks Rank #3 (Hold), the stock is expected to perform in line with the broader market. Experts selected 7 elite stocks as the “Most Likely for Early Price Pops,” historically outperforming the market with an average gain of +24.2% per year.

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Read more at NASDAQ: Apple (AAPL) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates