Apple Earnings Preview: Why It's Time to Take Profit on AAPL Stock
AppleApple(US:AAPL) Investor Place·2024-07-30 10:25

Over the past few months, “AI mania” propelled Apple (NASDAQ:AAPL) shares to new all-time highs. More recently, however, excitement about possible generative artificial intelligence growth catalysts for Apple stock have faded.As this comes ahead of earnings, you may think this is the perfect setup to “buy the dip,” before a well-received earnings report and updates to guidance send AAPL quickly back to higher prices. However, it’s definitely not a lock that this bullish scenario plays out.In fact, looking a ...