Apple Shares Hit Three-Month Low Ahead of Results

Apple Shares Hit Three-Month Low Ahead of Results

Assessment

Interactive Video

Business

University

Hard

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The video discusses the market sentiment around Apple, highlighting bearish views due to supply chain issues. Despite weak demand leading to excess inventory, iPhone shipments are stable. Positive factors like a richer product mix, strong service business, and tax reform benefits are noted. These factors offset lower iPhone unit numbers, leading to a raised target and stable 2018 consensus.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact does tax reform have on Apple's financials according to the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the consensus for Apple's performance in 2018 as mentioned in the text?

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