Apple Could Disappoint Wall Street this Quarter
While I doubt Apple (Nasdaq: AAPL) could miss the analysts’ consensus target for it this quarter, I think there is a possibility that the company could disappoint the market when it reports its earnings results nonetheless. So what happens if it does? Would its future prospects be enough to hold valuation ground? Undoubtedly, the company will talk about its astounding early orders of new iPhones, its just received clearance to sell in China and its prospects for Apple Pay and the Apple Watch, and maybe a new iPad. So, for the long-term Apple looks fine, but at the hour of its EPS release, it might still dip a bit if the result disappoints Wall Street. If I haven’t vetted that possibility efficiently through this article, you buy that dip after it settles. See the full report on Apple’s earnings preview here.
Labels: AAPL, Editors_Picks, Editors-Picks-2014-Q4, Stocks, Stocks-2014-Q4
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