reports earnings after the markets close Thursday, and after a quarter of problems for the tech company, investors may be concerned that the stock won’t perform as well as it has in the past.
On average since 2007, the year the iPhone came out,
stock has increased 0.3% in the trading session before earnings are released, according to Dow Jones Market Data. That may not seem like much, but in the session after the release, the stock has an average jump of 1.1%. The stock has also gained an average of 2.3% the month after earnings.