Apple's Surge: Buy Before Earnings? | Business and Finance News

Apple’s Q3 earnings drop Thursday, July 30th, as the market braces for another strong showing—revenue growth accelerating for three straight years, EPS soaring even faster, services hitting record highs, and the new MacBook drawing buzz. Analysts expect 16% revenue and 20% profit growth, while the stock’s 58% year-over-year surge is matched by a new $100B buyback authorization. But with Apple trading at 35x next year’s earnings, valuation is stretched, and while the momentum is undeniable, history shows double-digit growth isn’t guaranteed after Jobs’ passing. The real question: is this the peak of the ride—or just another high before the inevitable pullback? Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/297bf1fe2a9f43c3