Analysts aren't ready to take their foot off the pedal on Apple — even after the dominant smartphone player warned of softer demand in the current quarter.
Analysts aren't ready to take their foot off the pedal when it comes to Apple — even after the dominant smartphone maker warned of softening demand for the December quarter. Apple continues to appease investors who are planning on holding the stock for the long term. Several analysts were impressed by Apple's resilience amid a tougher macroeconomic environment, pointing to year-over-year growth in iPhone sales and a more than 16% increase in services revenue from a year earlier.
The bank noted that "this was a solid quarter" with gross margin strength driven by strong iPhone results and an acceleration in services revenue. Like Morgan Stanley, Goldman is confident that the iPhone installed base will compound and reach a record in the fourth quarter, partly by expanding into emerging markets and a growing base in other Apple products.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Here's what analysts at major Wall Street firms expect from Apple's upcoming earnings reportWall Street analysts stayed cautious on Apple ahead of its September quarterly earnings announcement, citing weakening demand.
Consulte Mais informação »
Apple Watch Ultra 2 vs. Apple Watch Ultra: should you upgrade?The Apple Watch Ultra 2 is now the best Apple Watch you can buy. But should you upgrade if you already have the original Apple Watch Ultra?
Consulte Mais informação »
Apple Q4 sales fall as big drop in Mac, iPad revenue offsets rise in iPhone salesApple faces an uneven economic recovery in China, a key market for Apple.
Consulte Mais informação »
Apple quietly retires one of its Apple Music tiersApple is retiring its Voice plan for Apple Music that lets people use Siri to select tracks for $5 a month – less than half the cost of the regular plan.
Consulte Mais informação »
Apple quietly retires one of its Apple Music tiersApple is retiring its Voice plan for Apple Music that lets people use Siri to select tracks for $5 a month – less than half the cost of the regular plan.
Consulte Mais informação »
Apple no longer offers the Apple Music Voice PlanApple Music has stopped offering its $4.99 per month voice-only plan. The subscription was launched in 2021 and only let you access Apple Music using your voice and Siri.
Consulte Mais informação »