Apple Stock Forecast Before Earnings: Will the Slump Continue?

July 25, 2016
Yosef Cohen is a Junior Financial Analyst at I Know First.

Apple Stock Forecast Before Earnings

Summary
  • Apple is releasing its third quarter fiscal earnings on Tuesday, July 26th
  • It is likely that this quarter's earnings will model last quarter's declining earnings
  • We know that this quarter's earnings will not be impressive overall but revenue from services will increase
  • The iPhone SE could have ambiguous effects on Apple's earnings
  • Apple isn't doing well in China and will likely not continue to do well
  • Low expectations for earnings may cause a surprise jump in stock prices if an impressive statistic arises
  • Apple is likely to be bullish in the long-run
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