Apple is expected to deliver a "robust shareholder return" for 2023, but lower demand for hardware by consumers will see short-term hits to earnings for the June and September quarters. Apple Park Investment firm JP Morgan most recently outlined for its customers what it expects Apple to produce over the next few months. Following that broadly optimistic account, the firm is now providing more detailed predictions, which include an expectation of declining quarters -- except for March.
JP Morgan hikes AAPL price target to $190, still 'safe haven' despite a rough 2023
AppleInsider - 19 Apr 2023 12:59
Apple is expected to deliver a "robust shareholder return" for 2023, but lower demand for hardware by consumers will see short-term hits to earnings for the June and September quarters. Apple Park Investment firm JP Morgan most recently outlined for its customers what it expects Apple to produce over the next few months. Following that broadly optimistic account, the firm is now providing more detailed predictions, which include an expectation of declining quarters -- except for March.
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