Episode Transcript
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Speaker 1 (00:00):
Apple closed yesterday at two hundred eleven United States dollars
and twenty seven cents per share, trading with a near
average volume of approximately fifty one million shares. This puts
the stock slightly below its recent highs, but well within
its typical trading range. The last month has brought a
modest uptick in the stock, up six per cent after
what has otherwise been a weaker year compared to most
(00:22):
technology piers, and this follows a broader fourteen per cent
decline for twenty twenty five. So far, investor sentiment remains
cautiously optimistic, as underscored by a consensus analyst price target
averaging around two hundred thirty two United States dollars, with
some estimates ranging as high as three hundred United States
dollars and others as low as one hundred sixty United
(00:44):
States dollars. Three influential analysts Rosenblatt, JP, Morgan, and Wedbush
recently issued target prices averaging two hundred forty five United
States dollars, projecting an upside of over sixteen per cent
from current levels. Out of thirty seven brokerage firms, eighteen
rate Apple as a strong buy. Three is a buy,
and most others is hold. Even so, some analysts have
(01:07):
trimmed price targets in recent weeks and warned of heightened
volatility around upcoming earnings. All eyes are now on Apple's
upcoming earnings report, scheduled for July thirty. First. Analysts expect
Apple to post earnings per share of one United States
dollar in forty three cents and revenue of just over
eighty nine billion United States dollars, a four percent increase
(01:27):
from one year ago. The company guided for low to
mid single digit sales growth, but warned of a nine
hundred million United States dollar hit from tariffs and continued
head winds in key markets such as China, where revenue
has declined. Although Apple services business remains a bright spot
and the iPhone segment showed six percent growth last quarter,
(01:48):
overall growth appears muted compared to historical standards. Finally, Apple's
current market capitalization sits at roughly three trillion, one hundred
fifty five billion United States dollars, makeing it the third
most valuable company worldwide. For now, the market awaits the
latest earnings and any further clues about Apple's growth trajectory.
With trading activity showing neither panic nor exuberance as the
(02:12):
company stands at what many consider a crucial cross roads.