Dow Jones: Apple share tends weaker in the morning

The Apple share is one of the day's loss-makers on Monday morning. The Apple share was last quoted in XETRA trading with a discount of 2.6 percent at 162.78 euros.

Dow Jones: Apple share tends weaker in the morning

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The paper of Apple gave in the XETRA session. At 09:22, it was down 2.6 percent at EUR 162.78. At its peak, the Apple share fell to EUR 162.40. At the starting bell, the title stood at EUR 162.56. Most recently, 4,435 Apple shares changed hands via XETRA.

On Aug. 19, 2022, the share price rose to as high as EUR 172.66, its highest level in the past 52 weeks. Calculated at the 52-week high, the Apple share currently still has 5.72 percent of upside. On Oct. 5, 2021, the share price fell to 119.44 euros, a 52-week low. The current price of the Apple share is thus 36.29 percent above the 52-week low.

The average price target of the Apple share is given at USD 176.78.

On July 28, 2022, Apple presented its financial statements for the past fiscal quarter, which ended on June 30, 2022. Earnings per share for the past quarter were put at USD 1.20, compared to USD 1.30 per share on the books in the year-ago quarter. For the quarter just ended, Apple reported revenues of $82,959.00. This represents an increase of 1.87 percent compared to the previous year's figure. At that time, USD 81,434.00 had been generated.

The presentation of the Q4 2022 financial results is scheduled for 03.11.2022.

Experts estimate Apple's 2022 earnings at $6.09 per share.

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Business and Finance terms

Withholding Tax General Accepted Accounting Standards Letter Of Intent Scarcity Year-to-date Long-Term Liabilities Non-Disclosure Agreement Chief Operating Officer Return on Investment Chief Marketing Officer Chief Financial Officer Asset Protection Trust Chief Security Officer Certified Financial Planner Electronic Funds Transfer Limited Liability Company Close of Business Company Finance Cash Flow Automated Teller Machine Return on Equity stagnation Certified Management Accountant Non-Profit Organization Certified Financial Manager Chief Technology Officer Profit and Loss Profit and Loss Statement Gross Margin