Apple Stock Forecast

Apple announced the date for its 2015 second quarter earnings report, and will release its most latest quarterly figures and host a live conference call on Monday, April 27^th. Continued rapid sales of the new iPhones, deeper expansion into the enterprise segment, and an increase in the capital expenditure program mean Apple is still bullish looking ahead to the end of the month, and should continue trending higher afterwards. Apple also has a very reasonable valuation, with a forward P/E ratio of only 14, below that of the S&P 500 even though the company is experiencing revenue growth because of strong iPhone sales. Along with the first information surrounding the Apple Watch, the earnings report on April 27^th is sure to be filled with promising information, and the stock price is set to soar as a result.