.July 29, 2024 12:52:37 PM

Apple Inc. (NASDAQ:AAPL) is set to announce its fiscal third-quarter 2024 results, with expectations of a 2.71% revenue growth to $84.02 billion and a 6.35% rise in earnings per share to $1.34. Despite challenges, Apple continues to navigate a competitive market landscape, particularly in China, where iPhone sales are projected to decline by 2.3% to $38.74 billion. However, the Services segment and Mac sales are showing strong growth, with Mac sales expected to increase by 20.8% year-over-year. Analysts and investors are closely watching Apple’s performance, with a forward-looking optimism reflected in a recent price target adjustment to $250, suggesting a potential upside of 14%.