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Zenger
Zenger
Business
Shanthi Rexaline

Is Apple Stock’s Risk-Reward Still Attractive After Q3 Earnings, Lighter IPhone Revenues?

Apple, Inc. (NASDAQ:AAPL)’s third-quarter results Thursday failed to impress Wall Street, and the stock promptly reacted with a move to the downside. Here’s what the Street has to say. PHOTO BY ANDY WANG/UNSPLASH

Apple, Inc. (NASDAQ:AAPL)’s third-quarter results Thursday failed to impress Wall Street, and the stock promptly reacted with a move to the downside. Here’s what the Street has to say.

Reduce Overweight Positions, Says Bernstein: Apple’s full-year revenue guidance of 7% growth appears high, says Bernstein’s Sacconaghi, as he sees the iPhone 15 as more evolutionary rather than revolutionary.

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