TipRanks | May 12, 2015 08:36AM ET
Analysts weighed in on technology giant Apple (NASDAQ:AAPL) in light of international iPhone sales. In the beginning of April, Cantor Fitzgerald analyst
Michael Walkley has rated Apple 75 times since September 2010, earning a 77% success rate recommending the company and a +30.1% average return per AAPL recommendation. Overall, the analyst has a 72% success rate recommending stocks and a +24.0% average return per recommendation.
Separately on May 11, UBS analyst
Steven Milunovich has rated Apple 55 times since July 2012, earning a 67% success rate recommending the company and a +13.4% average return per Apple recommendation. Overall, he has a 57% success rate recommending stocks and a +6.3% average return per recommendation.
Apple released its second quarter 2015 earnings results on April 27. The company’s profit increased 40% from the same quarter a year prior at $2.33 earnings per share. Apple’s revenue also increased 26% year-over-year for a total of $58 billion.
On average, the top analyst consensus for Apple on TipRanks is Moderate Buy.
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