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Stock impact report

Big Investors Aren't Done Buying Apple Shares, Analysts Say [TheStreet.com]

Apple Inc. (AAPL) 
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Company Research Source: TheStreet.com
Whatever the risks Apple faces, big investors still plan to buy more of the tech giant’s shares, according to analysts. Apple reports at the end of January for the quarter ended in December, and those numbers could catalyze the stock. Investors want to see that their expectations for earnings growth over the next one and two years — 10% and 15% — are affirmed. Part of that result would be services-revenue growth in the mid-teens percent. The most important ingredient for 2020 is the 5G ramp. Analysts have recently touted the opportunity as a multiyear one that can bear significant fruit in mid-to-late 2020. D.A. Davidson analyst Tom Forte recently told TheStreet that while management is unlikely to give specific details on 5G production, “to the extent that the company’s comments suggest that they’re preparing for next-generation, even if they don’t indicate exactly how they intend to do so with the new phones, that will be a good cue for investors In mid-2019, Apple’s multiple was ex Show less Read more
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