Apple Nears Earnings As Expectations Remain High
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Apple Inc. is set to report its first-quarter earnings today, with analysts expecting revenue of $138.42 billion and earnings per share of $2.67. Investors are particularly focused on the impact of Apple's AI initiatives and iPhone sales on financial growth. Currently, shares are trading around $257, below the $295 analyst price target. Apple has consistently beaten earnings estimates in the past twelve quarters, and investors are eager to see if this trend continues. The performance of iPhone sales and updates on AI initiatives will be closely monitored.
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