Apple Earnings Preview: Traders Anticipate 4% Stock Swing Post-Results
Apple's fiscal first-quarter earnings report, due after Thursday's market close, is expected to trigger significant volatility in the tech giant's shares. Options pricing suggests a potential 4% MOVE in either direction—a swing that could push the stock as high as $266 or as low as $247 from Wednesday's $256 close.
The iPhone maker's performance carries outsized weight for markets, with its December quarter typically delivering peak annual results. Strong holiday iPhone sales could reignite bullish momentum, though investor focus may equally center on updates regarding Apple's AI development pipeline amid perceived lagging versus rivals.