Skip to content
Subscriber Only

Here's What Wall Street Is Saying About Apple's Earnings

  • Focus is now on the iPhone in the second half of 2017
  • Shares hit a record yesterday before falling after hours
Video player cover image

The Takeaways From Apple's Second-Quarter Earnings Report

Updated on

Long a darling of Wall Street -- only one of 49 analysts that track the stock have a sell rating -- Apple Inc.’s latest report raised concerns about falling sales of its flagship product and business in China.

That’s got researchers eyeing the second half of 2017 as perhaps the most important in Apple’s history. The stock has 39 buys, 9 holds to go with the solitary sell, with an average 12-month price target of $158.07, according to data compiled by Bloomberg. Shares fell 1.7 percent to $145.04 as of 9:56 a.m. in New York.