Finance, Mobile

Stock in News: Apple (NASDAQ AAPL) Q2 Earnings Preview and Projections

Apple (NASDAQ AAPL) has been one stock which has not put a foot wrong in 2015. The Cupertino based tech giants have performed well in the market, something which has been expected from them. Apple (NASDAQ AAPL) stock has traded around the levels of $125 which is way ahead of the $95 level which it was on in the latter part of last year. Much of the stock’s success has been due to the popularity and success of iPhone 6. The stock would also be expecting a good Q2.

Here in this article, we will take a closer look at the Apple (NASDAQ AAPL) stock. It would be intriguing to see how the stock reacts in the coming days after the release of its quarterly report. We would also speculate about what Apple’s Q2 report might look like.

Apple (NASDAQ AAPL) has already launched Apple Watch and they would start putting the watch for sale in stores sometime next month. Apple are still busy reaping in the profits of iPhone 6 and the stock is still benefiting from the sales. The stock should see similar upsides for Apple Watch. Analysts have put a stock target of about $135.

Apple Inc (NASDAQ AAPL): Apple Q2 Earnings

Apple is coming up with the sale of Apple Watch. The newest Apple product should be able to make an impression in the nascent market of wearable technology. Apple would also be looking forward to releasing iPhone 7 sometime in the next quarter. It would be intriguing to see how the release goes.

Around 60 million units of iPhone 6 have been sold in the past quarter. Moreover, the EPS of Apple has been revised from around $2 to $2.25. Major forecasts show that the revenue of Apple would be around $231.2 and share per earnings would be around $8.81.

Apple Inc financial news (NASDAQ AAPL)

Apple (NASDAQ AAPL) remains a top performing stock which can easily make it to any portfolio based on its current performance and its projected analysis. It would be intriguing to see how the stock performs in the coming months.

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