Apple beat on top and bottom lines — finally showing some quarterly revenue growth — but investors couldn't seem to see past the 13% drop in China sales.
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Exclusive: The Apple 3.0 analysts (pros and indies) have placed their bets in advance of today’s September quarter results. The independents are more bullish than the Street, as usual, but not by a lot.
Premarket: Apple is green
2 years ago
2 years agoFrom Barchart's "Stocks Rise Before the Open as Investors Await U.S. Economic Data and More Big Tech Earnings" posted early Thursday.
The veteran Apple analyst offers whisper numbers up and down the product line plus commentary on topics ranging from AI to Vision Pro.
Read More Gene Munster's 15-minute walk-up to Thursday's Apple results (video)
"The premium segment witnessed a 64% YoY growth in 2023 driven by easy financing schemes, which resulted in consumers jumping price bands to purchase higher-priced smartphones."
Read More The iPhone in India: No. 6 by market share, No. 1 by revenue
"Apple may have the most significant decline among the major global mobile phone brands in 2024." — Ming-Chi Kuo
Read More Here's why Apple took another dive Tuesday morning
"In certain scenarios [it] could be positive." — Analyst Amit Daryanani
Read More Evercore: The impact on Apple's EPS of its EU capitulation is -1% at most
From "Apple announces changes to iOS, Safari, and the App Store in the European Union" posted Thursday in the Apple Newsroom.
The demise of iPhone sales in China was greatly exaggerated.
Read More Apple snags top spot in Chinese smartphone sales — a first
"Achieving a shipment volume of 500,000 units for Vision Pro this year should not be challenging."
Read More Ming-Chi Kuo: Apple sold more than 160,000 AVPs over first weekend
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