Apple Earnings Are on Deck as Consumer Demand Softens

Apple Earnings Are on Deck as Consumer Demand Softens



Apple


shares have been remarkably resilient in the face of this year’s tech stock selloff, falling less than 15% since the end of December, and sharply outperforming rivals


Microsoft



Alphabet


and


Amazon


which are all down from 26% to 28%.

Apple (ticker: AAPL) sits with a $2.4 trillion market valuation—$500 billion more than Microsoft, $1 trillion more than Alphabet, and nearly double the size of Amazon.

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