
Tech behemoth Apple Inc. (AAPL) released its second-quarter earnings on April 30, 2024. Despite AAPL's efforts, its second-quarter results revealed a decline in sales, particularly in Greater China and iPhone revenue. However, the company managed to surpass analyst estimates for its EPS and revenue.
In this article, I will explore the reasons why waiting for a more favorable entry point for AAPL could be a wise move.