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Jim Cramer sees little margin for error in Apple's upcoming earnings report - TL;DR CNBC

Jim Cramer sees little margin for error in Apple's upcoming earnings report

Publishing timestamp: 2023-10-25 10:33:56


Summary

CNBC's Jim Cramer warns that there is little room for error in Apple's upcoming earnings report, as even a small miss could negatively impact the stock. Deutsche Bank has lowered its price target on Apple due to concerns about iPhone 15 sales and increased competition in China. However, analysts still expect the company's results to be in line with expectations. The article also mentions that Apple's stock has declined over the past three months, but Cramer emphasizes that it is still an important stock in the market.


Sentiment: MIXED

Tickers: .SPXAAPL

Keywords: business newsapple incinvestingclubsamplebreaking news: technologymarketss&p 500 indexjim cramerbreaking news: marketstechnologystock takesearningsinvestment strategyiphone

Source: https://www.cnbc.com/2023/10/25/jim-cramer-sees-little-margin-for-error-in-apples-upcoming-earnings-report.html


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