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Monday, February 26, 2024

Apple Reports Earnings Today. What to Expect.

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Apple


shares have been remarkably resilient in the face of this year’s tech stock selloff, falling less than 15% since the end of December, and sharply outperforming rivals


Microsoft



Alphabet


and


Amazon


which are all down from 26% to 28%.

Apple (ticker: AAPL) sits with a $2.4 trillion market valuation—$500 billion more than Microsoft, $1 trillion more than Alphabet, and nearly double the size of Amazon.

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