Next week Apple presents results for its fiscal third quarter. They estimate sales in this period in a range between 43.500 million dollars and 45.500 $, better than expected results. As usual, these results are compared with those obtained in the same period of the previous year. Well, revenue in 3Q 2016 was $ 42.360 billion. Apple's price is expected to reach the maximum for this period. The price had suffered since the beginning of June, since there was speculation with a mature sector, without being able to offer great news.
However, the month of July has meant an increase in the price, reaching figures very similar to the highs for this year, exceeding $ 156 / share, compared to $ 149 / share at the close of last Friday. What is clear is the uptrend of the tech giant. Analysts see it this way too:
Philip Elmer-DeWitt, has carried out its usual analysis, not without consulting certain relevant sources. The revenue they handle is close to 45.130 million dollars.
On the other hand MarketWatch, publishes the query made to 45 analysts. 28 of them consider Apple as a strong value, with growth capacity. On the other hand, 16 of those consulted think that it is an overweight company exposed to a mature market, so they recommend keeping or selling.
Apple for its part, is carrying out stocks to keep a stock at high values, with the purchase of shares for your self-portfolio. Be that as it may, Apple will present results next Tuesday, antes de irse de vacaciones. En Soy de Mac te mantendremos informado de los resultados y las impresiones y reacciones tras conocerse la evolución de la compañía.
