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Did Apple Rot Away?

Apple(NASDAQ: AAPL) reported earnings for the second quarterYesterday, April, 26after market close.

For the first timein 2 years reported EPS didn’t beat forecast.

Company stocksfell over 8%in after hours.

Tim Cook and other Apple top managers are optimistic about company’s future and they have big plans for Chinese and Indian markets. Namely, they still bet on Apple Watch in spite of their customers, who, let’s be honest, do not like this product as much as iPhone.

According to earnings iPhone sales grew this quarter along with service sales. But overall profit fell resulting in 8.46% plunge in stock price.

Many analysts are still optimistic about Apple. Yet some think that now is time to finally say that: “Apple is not Apple without Jobs”. And more, LeEco CEO Jia Yueting says Apple is outdated.Can we agree on it?

What Stocks to Follow This Week?

Facebook(NASDAQ: FB) will announce earnings on Wednesday, April, 27 after market close. What is interesting about this report? Amount of revenue generated fromInstagram, WhatsApp and Oculus Rift.

Amazon(NASDAQ: AMZN) is announcing earnings onThursday, April, 28 in after hours. Analysts consider their stocks undervalued, so they might start to grow as well.

These stocks are totally worth trading them.

Do not forget to use promo code:

EARNINGS

To get+50% bonus on your deposit until April, 30 so you could make even more from these stocks.

Source: https://xcfd.com

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Published in Brokers News

Did Apple Rot Away?

What Stocks to Follow This Week?

AllFXBrokers Administrator

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