iPhone 14 will remain hard to get through the holidays, says JP Morgan
Apple's Chinese iPhone factory misfortunes will certainly impact shipments, says JP Morgan, but the full impact won't be known until the facility returns to normal output.
Apple's Chinese iPhone factory misfortunes will certainly impact shipments, says JP Morgan, but the full impact won't be known until the facility returns to normal output.
Well in advance of the annual shareholders' meeting, Apple investors have filed challenges that the board must address, such as the company's stance on unions and human rights in China.
Apple's reduction in iPhone 14 production at Foxconn's Zhengzhou factory will hit revenue for the holiday quarter, says Morgan Stanley, but it also presents an opportunity for investors to "buy the dip."
Despite COVID-related supply chain issues and Apple warning of lower shipments of the iPhone 14 Pro, Wedbush insists that investors should maintain their holding in Apple.
Lead times for the iPhone 14 Pro models have stabilized after increasing due to the Zhengzhou factory's COVID issues, an availability tracker states, while demand for the iPhone 14 models are "modest" in comparison.
Apple reported a record September quarter with $90.15 billion in revenue, and analysts are optimistic that the company will remain strong in the December quarter.
Apple is selling as many iPhone 14 Pro models as it can make, and the company is benefitting from savings thanks to reduced supply costs, says CEO Tim Cook.
Apple earned $90.15 billion in revenue for the fourth fiscal quarter of 2022, according to results released on Thursday.
The bond market has seen a lot of sell-offs in 2022 due to rising interest rates, and Apple's cash reserves have been hit the hardest of all the big tech companies.
Delivery lead times of the iPhone 14 Pro models have dipped below their iPhone 13 equivalents at this stage of release, analysts claim, while demand for the iPhone 14 remains "modest."
Apple is on track to beat Wall Street's fourth fiscal quarter expectations and quarterly revenue records as JP Morgan forecasts a revenue of $90 billion for the company.
Apple's billions upon billions in revenue is large enough to make it more valuable than most countries. Here's how Apple compares to the entire world's financial stage.
Tesla CEO Elon Musk has reportedly renewed his $44 billion offer for Twitter, with news of the potential purchase sending shockwaves across Wall Street.
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.
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.
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