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Apple, Inc. Expects a Massive Holiday Quarter

TheMotleyFool 
0 0 03.11.17
Apple, Inc. Expects a Massive Holiday QuarterPhoto, wide shot, wide-angle lens, Computer hardware manufacturer, sunset photo at golden hour, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/7835e381-fcae-4834-ba93-4708292dc055.png
 
Apple, Inc. Expects a Massive Holiday Quarter

There were a number of takeaways from Apple's (NASDAQ: AAPL) record fourth quarter. For instance, revenue and earnings per share both increased by double digits, and revenue for the iPhone, Mac, iPad, services, and other products segments all up year over year. Some segments were up more than 30%.

But a single metric from the quarter arguably stole the show: $85.5 billion, the midpoint of Apple's guidance range for its first-quarter revenue. Despite reports of iPhone X production woes, management expects a monster holiday quarter.

Apple customers wait in line at an Apple store to buy the iPhone X on Nov. 3. Image source: Apple.

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Source: Fool.com

Apple Inc. Stock

€270.95
0.020%
With only a change of €0.050 (0.020%) the Apple Inc. price is nearly unchanged from yesterday.
Our community is currently high on Apple Inc. with 74 Buy predictions and 7 Sell predictions.
As a result the target price of 282 € shows a slightly positive potential of 4.08% compared to the current price of 270.95 € for Apple Inc..
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