Have you ever wanted to directly ask an Apple Inc. (NASDAQ: AAPL) analyst about the stock? Now is your chance.
Piper Jaffray's Gene Munster, considered one of the top Apple and tech analysts on Wall Street, will be a guest on Benzinga's PreMarket Prep on Wednesday morning at 8:15 a.m. ET.
The analyst's most recent note said the Q3 report should be "a largely neutral event for the stock because buy-side expectations
are low for iPhone and the overall business."
The company reported earnings of $7.8 billion or $1.42 per share, which compares to Wall Street consensus EPS estimates of
$1.38. The company reported quarterly revenue of $42.36 billion, beating analysts' estimates.
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Posts Top And Bottom Line Beat
The stock rose more than 6 percent to $103 in the after-hours session. Piper Jaffray has an Overweight rating and $153 price
target on the stock.
Munster last joined PreMarket Prep back on
April 27 to discuss Apple's Q2 earnings report. Here are some of the highlights:
- Munster Does Not See Competition on iPhone Threatening, Sees Returning Optimism Around Device
- Sees iPhone Returning to Some 'Decent Growth'
- Believes 'China Should Be Performing Better' for Apple
- Sees Apple Continuing to Grow Services Businesses as Helping to Diversify Away from the iPhone
- Talking Apple TV: Does Not Think Co. Would Acquire for Content, Instead Would Pay Up for Content Licensing
- Believes An Apple TV Offering a 15-Channel Package for Maybe $30/Month 'Is in the Cards' Over the Long Term
Have any questions for Gene? Join the PMP chatroom to get them
answered! You can also email your questions to feedback@benzinga.com
Listen to Gene's last appearance in the clip below:
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