CNBCのインスタグラム(cnbc) - 1月31日 01時35分

Apple’s recent earnings report had many analysts breathing a sigh of relief, even though the company barely beat on earnings and reported a decline in revenue and lower profit.

The stock jumped following the report, with many on Wall Street having a “better than feared” response to the earnings.

Earlier this month, the company announced it expected weaker revenue and issued a dire warning about weakness in the Chinese economy. But now, some analysts are bullish on Apple.

The worst of “the bad news is over for a while,” UBS analyst Tim Arcuri said.

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