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Zenger
Zenger
Business
Shanthi Rexaline

Wedbush Analyst Gives The Overall Praise Of Apple’s Performance In First Quarter Earnings

The logo of the US technology company Apple can be seen at the Apple Store Rosenthaler Strasse in Germany. FERNANDO GUTIERREZ-JUAREZ/BENZINGA

Big tech stalwarts Microsoft Corp., Meta Platforms, Inc., Intel Corp. and Amazon, Inc. reported better-than-expected results last week, and, recently, an analyst at Wedbush weighed in on the outlook for the tech sector against the backdrop of the companies’ performances.

Despite the skepticism heading into the first-quarter earnings, the “narrative for the tech sector is becoming clearer and clearer,” wrote analyst Daniel Ives in a note.

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