What to expect from Apple’s Q2 2017 earnings report

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Tim Cook and Luca Maestri will reveal Apple's Q2 earnings.
Apple made a ton of money last quarter.
Photo: Jim Merithew/Cult of Mac
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Apple shares reach new high as analyst predicts $200 price

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apple stock price
AAPL shares are on the rise.
Photo: Buster Hein/Cult of Mac

Share prices of Apple Inc. hit yet another record high during trading today, setting a new top mark of 143.80 by the time the market closed.

Apple shares were trading up nearly 3% on Tuesday thanks to an investor note from UBS analyst Steven Milunovich who predicts the stock price could shoot up past $200 in the next two to three years.

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AAPL shares soar to new all-time high

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Apple's stock is on the rise.
Apple's stock is on the rise.
Photo: Buster Hein/Cult of Mac

A ringing endorsement from mega-investor Warren Buffett has helped push Apple’s stock to a new record high today.

Apple shares were trading up 2.04% and closed at an all-time high of $139.78 per share, beating the company’s previous top mark of $137.11 set last week.

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Liveblog: Apple’s surprising Q3 earnings report

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Will Apple reach its own targets for Q2?
Will Apple reach its own targets for Q2?
Photo: Ste Smith/Cult of Mac

All eyes are on Apple this afternoon as the company is set to report its Q3 2016 earnings and Wall Street isn’t expecting anything great.

Apple CEO Tim Cook warned in March that the company will post declining revenues compared to a year ago, but with iPhone sales on the decline as customers wait to upgrade to the iPhone 7, the numbers could be a bit lower than investors are hoping for.

Today’s earnings call for Q3 2016 is set to kick off at 2 p.m. Pacific, when analysts from the top firms around the world will have a chance to ask Tim Cook and CFO Luca Maestri whether iPhone sales have finally bottomed out, or if things are still going to get worse before they get better.

Get in on the action below:

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What to expect from Apple’s Q3 2016 earnings

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Tim Cook
Have iPhone sales finally bottomed out?
Photo: Jim Merithew/Cult of Mac
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Apple stock hit with biggest drop since 2013

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iphone stocks app
Apple shares are taking a dive.
Photo: Ste Smith

Apple’s Q2 2016 earnings have been disasterous for the company’s share price, as AAPL stock suffered its worst week in three years.

Wall Street has suddenly soured on Apple, including Carl Icahn, who revealed earlier this week that he dumped all of his shares. With investors offloading shares, the company watched its market capitalization shrink by $65 billion in a mere three days, which is about the equivalent of Cambondia’s net wealth. 

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Mega-investor Carl Icahn gives up on AAPL

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iphone stocks app
Apple shares are taking a dive.
Photo: Ste Smith

Apple’s biggest cheerleader on Wall Street, Carl Icahn, is getting rid of all of his AAPL shares after the iPhone-maker reported its first year-over-year decline in revenues for the first time in 13 years.

The iconic investors has insisted for years that Apple shares are grossly undervalued and has made over $3.4 billion investing in Apple. Now Carl is throwing in the towel even though he still thinks the stock is ridiculously cheap.

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Intelligent app monitors your lending portfolios across multiple marketplaces

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See your LendingClub, Prosper and Funding Circle portfolios at a glance.
Photo: LendingRobot

LendingRobot today launched a pretty important mobile app for peer lenders. It’s LendingRobot Dashboard, and it lets these lenders monitor all their portfolios across three separate services: LendingClub, Prosper and Funding Circle. It’s the only mobile app available that allows investors to connect from across multiple marketplaces and see their portfolios at a glance.

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