Foxconn 'cautiously optimistic' about iPhone 14-driven revenue
Foxconn set new records for sales in September, making Apple's main assembly partner "cautiously optimistic" ahead of its fourth-quarter results.
Foxconn set new records for sales in September, making Apple's main assembly partner "cautiously optimistic" ahead of its fourth-quarter results.
Apple on Wednesday announced that it would detail earnings for 2022's fourth fiscal quarter on October 27, with an investor conference call expected to include a discussion from CEO Tim Cook and CFO Luca Maestri.
Consumer demand for the iPhone 14 Pro models are high compared to those of the iPhone 13 Pro range, analysis of availability indicates, while sales of the Apple Watch Ultra are considered to be quite robust.
Apple chief financial officer Luca Maestri has sold a batch of shares for $16.9 million on Wednesday, an SEC filing reveals, performed as part of an arranged trading plan.
Apple again beat Wall Street expectations despite a tough macroeconomic environment and supply chain issues. Here's what analysts thought after the call, and how the earnings compare to pre-pandemic Apple.
Rumors had suggested Apple would slow hiring and cut spending for select teams, but CEO Tim Cook wouldn't describe it as a slow down.
Apple's June 28 earnings are coming, and the company has already warned about up to an $8 billion revenue hit from various factors. Here's what to expect to hear during Thursday's earnings report.
A new analyst is assuming coverage of Apple for investment bank Morgan Stanley, replacing the well-known Katy Huberty, who has a long track record of correct Apple forecasts.
Investment Bank Morgan Stanley says that Apple's path to a $3 trillion market valuation will stem from the company's user base and an increasing shift to a subscription model.
Investment bank Morgan Stanley has cut its Apple price target to $180 from $185 and is expecting June quarter results slightly below Wall Street expectations.
Apple iPhone shipments in China are up more than 200% year-over-year, according to UBS estimates that hint at solid June quarter results for the company.
Apple is likely to hit Wall Street expectations when reporting its June quarter earnings despite macroeconomic headwinds, according to Wedbush.
While PC shipments have seen the sharpest decline in nine years, researchers suspect that Apple has seen nearly 10% growth year-over-year, shipping about 6.4 million Macs in Q2 2022.
Apple is likely to report a June quarter that lines up with current Wall Street predictions despite macro challenges, thanks to healthy iPhone and Mac demand, investment bank Cowen says.
Apple is likely to outperform Wall Street's expectations in the June quarter despite supply chain issues and macroeconomic conditions, according to JP Morgan.
Apple isn't likely to see significant effects on its 2022 growth despite macroeconomic challenges in the June quarter, according to investment bank Wedbush.
On Tuesday, Apple announced that it will detail earnings for the third fiscal quarter of 2022 on July 28 in an investor conference call expected to include a discussion from CEO Tim Cook and CFO Luca Maestri.
Apple's nascent advertising business is in a good place to take advantage of the booming mobile advertising market, though the opportunity is limited because of its privacy focus, JP Morgan says.
Apple's WWDC 2022 announcements underscore that it's working toward a "unmatched" and "unreplicable" user experience, according to Morgan Stanley
Estimated delivery times have remained largely unchanged for Apple products, a sign that the company is still seeing supply chain issues, according to JP Morgan.
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