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

Morgan Stanley issues reportricharddawsonmoviesandtvshowsApple'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. 1richarddawsonmoviesandtvshows.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 expectationsricharddawsonmoviesandtvshowsUS$80 billion, with earnings per share guidance of 1richarddawsonmoviesandtvshows$.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 quarter; the bank said it would lower its target price from US$220 to US$210 and maintain its rating of "overweight".