Apple investors cook up complacent valuation

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Apple investors cook up complacent valuation
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Apple consistently squeezes more juice out of a mature smartphone market. But compared to other tech giants, it’s the most exposed to risks in China, writes rob_cyran.

Apple is set to report earnings for its first fiscal quarter, ending in December, on Jan. 28. Analysts on average expect the iPhone maker, which has a market capitalization of $1.

4 trillion, to report revenue of $88.5 billion according to Refinitiv data. That is a 5% increase from the same period last year. Earnings per share are expected to rise 9% to $4.55 for the period.

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