The Wealth Advisor Club is skeptical that Apple Inc.’s Stock Can Rise

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Despite better than expected earnings Apple’s shares slumped as sentiment remain negative.

A recent article published in Wealth Advisor Club suggests that negative sentiment toward Apple’s share
price will make it difficult to overcome negative sentiment despite better than expected top and bottom
line numbers.

According to the article, Apple release better than expected earnings show profits of 10.09 per share
compared to 10.00 per share expected by analysts. The company earned 9.55 billion, but the results
were down from $11.62 billion, or $12.30 a share, a year earlier. Apple said that the company sold 37.4
million iPhones in the quarter, up from 35.1 million a year ago.

The article states that the share price remains in a downtrend with negative momentum continuing to
create headwinds for the stock price.

The Wealth Advisor Club provides information regarding various sectors in the market they believe are
key indicators to market volatility.

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Donald Fawcett
Paramount Digital Publishing
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