Aapl stock forecast according to technical charts
According to technical charts, "aapl stock forecast" trends remain in a bullish channel, with support at $185 and short-term resistance near $ With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Apple. Apple’s June-quarter results were well ahead of its guidance. Revenue rose 10% year over year to $94 billion, with iPhone revenue rising 13% year over year to $44.6 billion. Services revenue rose 13% to $27.4 billion. September-quarter guidance calls for mid- to high-single-digit growth. Seasonal trends in the "aapl stock forecast" indicate strength in Q4 due to holiday demand cycles — historically Apple’s most profitable quarter.
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