Almost all of Apple Inc.’s quarterly reports have a significant and lasting impact on its shares, but any Apple obsessive analyst worth their salt knows that the group’s most important quarter each year is the ‘holiday’ one ending in December.
Ken Odeluga has over 15 years' experience of reporting and analysing global financial markets. That includes more than a decade as a news editor at Dow Jones Newswires/WSJ.com, where he developed skills in fundamental equity and classical technical analysis. He has a passion for deciphering and explaining the increasing complexities of financial markets. He is frequently quoted in the press and regularly interviewed on radio and TV.
Apple shares have recouped fairly steadily since finding a floor in July some 30% lower than April 2015 all-time highs. The likeliest reason for this is the gradual rebasing of investor expectations as the market reconciled itself to the group selling ‘just’ 40-50 million iPhones a quarter after sales of its flagship product failed to grow for the first time ever in its April quarter.
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