sodacrushgame| Big Bank Rating 丨 Morgan Stanley: Lowering Apple's target price to US$210, expected quarterly performance to slightly exceed expectations

Morgan Stanley issues reportsodacrushgameApple's revenue and earnings per share are expected to outperform expectations in the second fiscal quarter ending March this year. Benefiting from stable product demand and service business outperforming the market, revenue in the second fiscal quarter is expected to reach US$91 billion and earnings per share forecast. 1sodacrushgame.51 dollars. However, the bank expects the company's revenue guidance for the third quarter ending June this year to be close to the bank's forecast of US$80 billion, and the earnings per share guidance is expected to be 1sodacrushgame$.22, which is 4% to 7% lower than market forecasts.

The bank said that investors are paying more attention to the performance of the mainland market, Apple's latest capital return performance, capital expenditures and other aspects this quartersodacrushgame; The bank said it would lower its price target from $220 to $210, maintaining its rating of "overweight".