Apple Stock Rises While Broader Markets Fall Ahead of Earnings Release
• Apple (AAPL) stock rose 1.09% while broader markets declined • Apple earnings release upcoming; EPS estimate $1.50, revenue estimate $90.38 billion • For fiscal year, earnings estimate $6.55 per share, revenue estimate $385.52 billion • Apple has a Forward P/E ratio of 26.14 vs industry average of 15.21 • Apple's Computer - Mini computers industry ranked in bottom 14% by Zacks