Apple earnings report disappoints investors

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Apple’s ($NASDAQ:AAPL) earnings report for the third quarter of fiscal year 2022 disappointed investors, as the company reported weaker-than-expected revenues and Mac revenue actually declined year-over-year. This has led to concerns about Apple’s long-term prospects, as the company faces increased competition from other technology firms.

Market Reaction

VI Analysis

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Summary

Despite the disappointing report, some investors remain bullish on Apple. They believe that the company’s long-term prospects are still strong and that it is well-positioned to capitalize on new growth opportunities.