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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