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Apple Inc. (AAPL) designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. It also sells various related services. 
The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, HomePod, iPod touch, and other Apple-branded and third-party accessories. It also provides AppleCare support services; cloud services store services; and operates various platforms, including the App Store, that allow customers to discover and download applications and digital content, such as books, music, video, games, and podcasts.
In addition, the company offers various services, such as Apple Arcade, a game subscription service; Apple Music, which offers users a curated listening experience with on-demand radio stations; Apple News+, a subscription news and magazine service; Apple TV+, which offers exclusive original content; Apple Card, a co-branded credit card; and Apple Pay, a cashless payment service, as well as licenses its intellectual property.
The company serves consumers, and small and mid-sized businesses; and the education, enterprise, and government markets. It sells and delivers third-party applications for its products through the App Store.
The company also sells its products through its retail and online stores, and direct sales force; and third-party cellular network carriers, wholesalers, retailers, and resellers.
Apple (AAPL) reported 1st Quarter December 2021 earnings of $2.10 per share on revenue of $123.9 billion. The consensus earnings estimate was $1.89 per share on revenue of $118.2 billion. Revenue grew 11.2% on a year-over-year basis.
Following the earnings report, shares jumped and since have formed a bullish "flag". Strong Amazon's report last night may offer the catalyst that is needed for shares to move higher out of the formation. Note that 50-day MA is also supporting the formation.
Entry Point: $172.50
Stop Loss: $167.00
Trading Range: $116.21 to $182.94
Target Price: $188.00
