"Apple's Stock Resilience Amid Market Turmoil: What's Next?"

Apple's stock price rose by 1.02% while the broader market fell, with the company's upcoming earnings report and analyst estimates being closely watched. Analysts project a year-over-year decline in earnings and revenue, but anticipate positive shifts for the annual period. The Zacks Rank, which integrates analyst estimate changes, currently rates Apple as a Hold. The company's valuation metrics, including Forward P/E ratio and PEG ratio, suggest it may be trading at a premium compared to its industry peers. The Computer - Mini computers industry, to which Apple belongs, has a Zacks Industry Rank in the bottom 28% of all industries.