Apple’s Earnings Boost Market—1/30/2019

The market was extremely weak in December for many reasons, including earnings fears. One of the biggest earnings fears was related to Apple, given their exposure to China. Nevertheless, Apple released some excellent numbers related to those earnings fears after the bell last night proving that the pessimism was overblown in December.

Given Apple’s weight in many of the indices, this could be a big deal for the markets moving forward.

https://www.cnbc.com/2019/01/30/apple-beats.html