AI push, iPhone cycle to shape stock’s future By Investing.com
Apple Inc. (NASDAQ:), the technology giant known for its innovative products and services, continues to navigate a complex market landscape as it approaches the end of 2024. With a market capitalization of over $3.5 trillion, Apple remains a dominant force in the tech industry, but faces both opportunities and challenges as it seeks to maintain its growth trajectory and market leadership.
Financial Performance and Outlook
Apple’s financial performance remains robust, with analysts projecting continued growth in revenue and earnings per share (EPS) over the next few years. Morgan Stanley (NYSE:) forecasts EPS to grow from $6.13 in fiscal year 2023 to $8.52 in fiscal year 2026. The company’s operating margin is expected to remain…
