Key Apple Stock Price Levels to Watch Before Fiscal Second-Quarter Results
As Wall Street is eagerly waiting for the fiscal second quarter earnings of Apple, the analysts are pointing out certain price levels that will determine the performance of the tech giant in the coming days. The significant growth of the company over the years can be highlighted by its 2006 revenue of $19.1 billion, reaching $390.8 billion in 2024. In the first quarter of fiscal 2025, the tech giant posted revenue of $124.3 billion, marking a 4 percent increase year over year. About the successful year of 2024, Kevan Parekh, Apple’s CFO, stated
“Our record revenue and strong operating margins drove EPS to a new all-time record with double-digit growth and allowed us to return over $30 billion to shareholders. We are also…