3 Things Apple Isn't Shouting From the Rooftops
Shares of (NASDAQ: AAPL) initially moved higher after posting fiscal second-quarter results on Thursday afternoon. A slim beat on both ends of the income statement was boosted by a dividend hike and the board authorizing a record $110 billion in share buybacks.
It also helps that the stock has been a laggard to the rest of the consumer tech titans. Apple shares have risen just 2% over the past year, down 10% through Thursday's close. Things could get better for investors at this point, but let's dig deeper into the update from the class act of Cupertino. There are some things in the numbers that Apple isn't exactly bragging about.
It doesn't take long to do a double take in sizing up Apple's latest report. The second bullet under the press release headline is promising:
Source Fool.com
Apple Inc. Stock
Currently there is a rather positive sentiment for Apple Inc. with 155 Buy predictions and 17 Sell predictions.
With a target price of 228 € there is a slightly positive potential of 11.11% for Apple Inc. compared to the current price of 205.2 €.
