Apple Was Headed for a Slump. Then It Had One of the Biggest Rallies Ever.

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Apple, which reports earnings Tuesday, is expected to release its first iPhones with 5G wireless technology this fall

A year ago, Apple Inc. looked to be headed for a prolonged slump. Chief Executive Tim Cook slashed guidance because of sluggish iPhone sales and analysts fretted over slowing demand in China.

But instead of a slump, investors got one of the biggest one-year stock rallies in history. The tech giant’s share price has more than doubled, adding over $725 billion to its value, more than JPMorgan Chase & Co. and Exxon Mobil Corp. combined—and well above the total value of Facebook Inc.

 

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The commenters on the WSJ forum on this article must either be bots or stoned, as the posts are incomprehensible. I'm going with both the former and the latter...

14% drop in iPhone revenues, despite higher prices. No innovation since Jobs.

Thank you Apple. Any chance you might do another stock split?

Nice

I can’t get 4 g in my home.

TO PROHIBIT THE SALE OF APPLE IN EUROPE APPLE is to date the first multinational in the world, generating each year ... a TAX ESCAPE of unparalleled scale = LESS public money for environmental, educational & collective projects, MORE inequality , more SOCIAL & DOMESTIC VIOLENCE

It’s better to release 6G or 7G in advance if possible. Tech should be fast advanced than customer expected. God bless you all always!🙏🏻

media: 5G is good. you must get 5G. 5G or death. must catch up with 'advanced' China. anything the media wants, I don't want.

Has on as in 'On Tuesday' been expunged from the english language!?

More faulty analysis. The WSJ has been consistently wrong about Apple thru the years. They need better people working for them.

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