3 Things Apple Isn't Shouting From the Rooftops
Shares of (NASDAQ: AAPL) initially moved higher after posting fiscal second-quarter results on Thursday afternoon. A slim beat on both ends of the income statement was boosted by a dividend hike and the board authorizing a record $110 billion in share buybacks.
It also helps that the stock has been a laggard to the rest of the consumer tech titans. Apple shares have risen just 2% over the past year, down 10% through Thursday's close. Things could get better for investors at this point, but let's dig deeper into the update from the class act of Cupertino. There are some things in the numbers that Apple isn't exactly bragging about.
It doesn't take long to do a double take in sizing up Apple's latest report. The second bullet under the press release headline is promising:
Source Fool.com
Apple Inc. Stock
Our community is currently high on Apple Inc. with 110 Buy predictions and 12 Sell predictions.
As a result the target price of 235 € shows a slightly positive potential of 1.75% compared to the current price of 230.95 € for Apple Inc..
