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Stock impact report

Apple Stock Is Down 19% -- Is It a Buy Ahead of Earnings? [The Motley Fool]

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: The Motley Fool
While the market has been rebounding from lows in mid-March, many high-quality companies still remain significantly below the highs seen before the coronavirus wreaked havoc on the global economy and sparked a bear market. Tech giantApple(NASDAQ:AAPLIt's not surprising, of course, that shares of the iPhone maker are down recently. The spread of COVID-9 has not only meant that Apple has closed its retail stores in the U.S. and other markets, but also that consumers are spending less money as unemployment claims skyrocket.The stock, however, may be oversold. After all, these challenges are likely only temporary. Eventually, the economy will open up again and many consumers and workers will resume their normal lives.Apple is scheduled to report earnings on April 0, and investors will soon get an update on the tech giant's business -- and that update likely won't be pretty. But have shares been oversold as the market tries to price in Apple's temporary challenges?Apple CEO Tim Cook. Image Show less Read more
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