Earnings

We’re raising our price target on Apple after its big earnings beat and raise

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Tim Cook, chief executive officer of Apple Inc., arrives for opening ceremony of the new Apple Jing’an store on March 21, 2024 in Shanghai, China. 
Vcg | Visual China Group | Getty Images

Apple did it again: Despite all the worries about China, the consumer tech giant hit back with beats on the top and bottom lines, sending shares up 6% in after-hours trading.

This is why we own it. This is why we don’t trade it.

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