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Maroc Maroc - WN.COM - Americas - 24/Oct 16:49

Apple Q4 earnings preview: here’s what to expect

Apple Inc. is approaching its October 30 earnings report with renewed investor confidence as analysts grow more optimistic about its performance despite persistent trade uncertainties and rising competition in China. Market expectations point to earnings of $1.76 per share on revenue of around $101.7 billion, according to GuruFocus. The forecast, if met, would reflect steady growth from the previous quarter. The company posted quarterly diluted earnings per share of $1.57 in the third quarter, with a quarterly revenue of $94 billion, up 10% year-on-year. The upbeat sentiment comes as Apple shares surged to an all-time high this week, rising 4.5% to $263.72. The rally has brought the iPhone...

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