The projected earnings Apple Inc. is not confirmed yet, but there is a big reason why many brokers and investors are looking forward to the announcement of the date.
The company is the largest tech company in the world and also one of the biggest companies in general. It recently became the first company in the world to surpass a trillion dollars in market capitalization, beating the likes of many other telecom and petroleum companies. The road to a trillion has not been easy for the company. They have faced their share of obstacles and problems, with many cases of bankruptcy and fraud, along with a changing of the guard a few times. Through it all, it is now the most trusted brand in the world and is set to be the first to hopefully reach the mark of two trillion.
All of this success comes with their production of quality hardware combined with smooth and flawless software. Their dedication to creating the best products for their customers is what has guided them to this stage in the industry. With its earnings date expected to be somewhere around the 1st of November, investors look to solidify their position with Apple and buy as many shares as they can. Their stock prices have rarely seen a dip in the past few years.
Apple Earnings calendar and what it predicates:
The timing is perfect for you to set up trades and execute certain orders to get you a step closer to owning Apple stocks. The predictions are most accurate around 3 weeks from now and you can even read up on their history and what they like to do around this time period.
The first thing you need to be aware of is the PMAEA, which at the moment stands at around 4%. This movement is predicted by analysts using data and previous history of stock prices. These are very accurate, as they are conclusively reached after researching the history of the stock prices very thoroughly. The other number you need to keep in mind is the strike price, which is the double of the PMAEA and sits at 8%. It is very unlikely that the price of the stock will ever touch that, but in the off chance that it actually does, you should very much buy the shares right away. The reason why you should keep an eye at earnings date is due to the fact that there is an increase in the volume of trade, nearly 6-7 times that of regular trading days. It is also similar seven days after the earnings announcement when the market slows down a little, but trading continues.
You could also sell it in the chance that the prices shoot up, but since the markets remain highly volatile, it is advisable not to do so. You can simply think about acquiring more stocks and think long term. The company seems to be showing absolutely no signs of stopping anytime soon and the sooner you get your hands on the stocks, the better it will be for you.