Apple investors have generally unloaded the stock after recent earnings reports
Apple will report earnings on Tuesday after the bell, and Wall Street isn't expecting a very good quarter.
The question is whether investors have already built their expectations into Apple's stock price, or whether there's more room to drop. As this chart from Statista shows, Apple's stock price has dropped after earnings in four of the last five quarters. But in each of the four quarters of the 2014 calendar year, the stock price went up after earnings. (The dates on this chart are aligned to Apple's fiscal year, which starts on October 1 of the previous calendar year.)
Despite these fluctuations, Apple's stock price is up about 33% since January 27, 2014, the date of the first earnings report on this chart. That's all that matters for most investors, who buy and hold.
Statista
- US buys 81 Soviet-era combat aircraft from Russia's ally costing on average less than $20,000 each, report says
- 2 states where home prices are falling because there are too many houses and not enough buyers
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- BSE shares tank nearly 19% after Sebi directive on regulatory fee
- Nainital bucket list: 9 experiences you can't miss in 2024
- Sanju Samson likely to be India's first-choice wicketkeeper for T20 World Cup
- India Inc marks slowest quarterly revenue growth in January-March 2024: Crisil
- Nothing Phone (2a) India-exclusive Blue Edition launched starting at ₹19,999