Investment bank Morgan Stanley was left unimpressed by Apple’s latest earnings results, which saw the firm beat analysts’ revenue and EPS estimates for its second fiscal quarter. Apple reported $95.4 billion in revenue and $1.65 in earnings per share. However, the stock fell by 4% in aftermarket trading as the firm remained unclear about the impact of tariffs on its business, efforts to shift production from China, the future of the Services business and its plan to roll out upgrades to its Siri software. Morgan Stanley reiterated its Overweight rating on Apple’s shares and stuck to its $235 share price […]
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