July 30 is Tim Cook’s last earnings call as Apple’s CEO.
He’s been running the company since 2011, and when he gets off that call, John Ternus takes over
That alone makes this quarter worth paying attention to, beyond the usual revenue-and-margins conversation. Bank of America published its preview note ahead of the July 30 report and kept its buy rating and $380 price target. The bank expects Apple (AAPL) to beat Wall Street’s numbers for the quarter.
But the more interesting part of the note isn’t about June. It’s about what comes next. Bank of America reiterates buy on Apple stock ahead of Q3 earnings Bank of America analyst Wamsi Mohan models fiscal third-quarter revenue of $109 billion and earnings per share of $1.89, both slightly above the Street consensus of $108 billion and $1.87, as TheStreet reported.