AAPL Stock Weekly Outlook: Fiscal Q1 earnings report hits
Submitted by Fred Straker on
The Apple stock (NASDAQ:AAPL) rally seen on Friday held prices over $100 into Tuesday this week. After the markets closed on January 26, Apple released their highly anticipated fiscal Q1 earnings report. Wednesday trading reflected investors' concerns over flat iPhone sales, despite a record-setting holiday quarter. AAPL slumped on Wednesday, only to bottom out at $92.39 on Thursday morning. Thanks to a small bounce on Friday, shares closed at $97.34 going into the weekend. Overall, a drop in price for Apple shares of $4.18 (-4.12%) occurred over the week.




