Apple Inc. (NASDAQ:AAPL) will release earnings results for the second quarter after the closing bell on Thursday, May 1.

Analysts expect the iPhone maker to report quarterly earnings at $1.63 per share, up from $1.53 per share in the year-ago period. Apple projects to report quarterly revenue at $94.53 billion, compared to $90.75 billion a year earlier, according to data from Benzinga Pro.

The company has beaten analyst estimates for revenue in eight straight quarters and nine of the last 10 quarters overall.

On Wednesday, Barclays analyst Tim Long maintained a rating of Underweight for Apple and lowered the price target from $197 to $173, while Raymond James analyst Srini Pajjuir maintained an Outperform rating and reduced the price target from $250 to $230.

With the recent buzz around Apple, some investors may also be eyeing potential gains …

Full story available on Benzinga.com

Apple Inc. (NASDAQ:AAPL) will release earnings results for the second quarter after the closing bell on Thursday, May 1.

Analysts expect the iPhone maker to report quarterly earnings at $1.63 per share, up from $1.53 per share in the year-ago period. Apple projects to report quarterly revenue at $94.53 billion, compared to $90.75 billion a year earlier, according to data from Benzinga Pro.

The company has beaten analyst estimates for revenue in eight straight quarters and nine of the last 10 quarters overall.

On Wednesday, Barclays analyst Tim Long maintained a rating of Underweight for Apple and lowered the price target from $197 to $173, while Raymond James analyst Srini Pajjuir maintained an Outperform rating and reduced the price target from $250 to $230.

With the recent buzz around Apple, some investors may also be eyeing potential gains …

Full story available on Benzinga.com

 Apple Inc. (NASDAQ:AAPL) will release earnings results for the second quarter after the closing bell on Thursday, May 1.
Analysts expect the iPhone maker to report quarterly earnings at $1.63 per share, up from $1.53 per share in the year-ago period. Apple projects to report quarterly revenue at $94.53 billion, compared to $90.75 billion a year earlier, according to data from Benzinga Pro.
The company has beaten analyst estimates for revenue in eight straight quarters and nine of the last 10 quarters overall.
On Wednesday, Barclays analyst Tim Long maintained a rating of Underweight for Apple and lowered the price target from $197 to $173, while Raymond James analyst Srini Pajjuir maintained an Outperform rating and reduced the price target from $250 to $230.
With the recent buzz around Apple, some investors may also be eyeing potential gains …Full story available on Benzinga.com   Read More$500 Dividend, AAPL, AAPL, dividend yield, dividends, Earnings, Long Ideas, News, Markets, Trading Ideas, AAPL, US0378331005, Long Ideas, News, Earnings, Markets, Trading Ideas, Benzinga Markets