Apple Stock News Preview
Apple, Inc. released its earnings report for the first quarter of 2016 on April 26th at 5PM Eastern Standard Time. Ahead of the report’s release, analysts speculated that the company would be facing a decrease in sales and profits for the first time in 13 years.
The company’s newest phone, the iPhone SE, is being sold at a much lower price as Apple hopes to break into new emerging markets. Our senior analyst Ayush Singh has written a review of AAPL stock outlining his expectations for the stock in the near future and beyond.
The article can be found on our main I Know First website, here.