Apple (AAPL) Stock Prediction & Analysis: Why Visa is Betting $100M on Apple Card’s Future
TLDR
- Apple stock reached $223.19, rising 0.48% and outperforming the S&P 500
- Apple Card drawing competitive bids with Visa offering $100 million to replace Mastercard
- Earnings report expected April 24, forecasting $1.61 EPS (5.23% year-over-year increase)
- Annual estimates project earnings of $7.26 per share with 3.94% revenue growth
- Apple currently holds a Zacks Rank of #3 (Hold) with a premium valuation compared to industry averages
Apple Inc., the maker of iPhones, iPads, and other technology products, continues to attract attention from investors and financial services companies despite recent market volatility. The tech giant’s stock climbed to $223.19 in the latest market close, showing a 0.48% increase compared to the previous…
