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Apple shares up 25% from June low ahead of Monday earnings

Bloomberg ·
AAPL
Apple shares up 25% from June low ahead of Monday earnings
  • Apple shares have climbed 25% from a late June low, adding roughly $1 trillion in market value.
  • Apple reports earnings after the bell on Monday, and the recent runup leaves little room for disappointment.
  • Steady revenue growth and rising free cash flow have drawn investors wary of heavy AI infrastructure spending at megacap peers Alphabet and Amazon.com.

Quotes

“The runup in Apple Inc. shares in recent months has left the iPhone maker little room for disappointment when it reports earnings after the bell on Monday.”— Bloomberg

Sources