Are the Good Times Over for Apple Stock?
Only one week ago, shares of (NASDAQ: AAPL) were up more than 50% year to date. The giant tech stock was enjoying one of its best starts in a long time.
Then Apple announced its fiscal 2023 third-quarter results. Its shares sank over the next few days with no rebound yet in sight. Are the good times over for Apple stock?
Apple reported revenue of $81.8 billion in fiscal Q3, down 1.4% from the prior-year period. This marked the third consecutive quarter of year-over-year revenue declines.
Source Fool.com
Apple Inc. Stock
€178.94
0.190%
Currently there is a rather positive sentiment for Apple Inc. with 80 Buy predictions and 5 Sell predictions.
With a target price of 200 € there is a slightly positive potential of 11.77% for Apple Inc. compared to the current price of 178.94 €.
