Apple Inc. (AAPL.US) 's 2FQ24 EPS was US$1.53, with revenue of US$90.8 billion, and net income of US$23.6 billion, all of which were in line with Goldman Sachs' forecasts, and slightly beat the market's expectation, Goldman Sachs issued a research report saying.
Importantly, Apple Inc. is reported to expect revenue for the quarter ending June to post a low-single-digit YoY growth, meeting expectations of a 2% YoY increase, likely exceeding investor expectations.
Goldman Sachs kept its target price on Apple Inc. at US$226, with rating at Buy.
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