"The upshot is that we believe consensus estimates are too high for FY 23, though we struggle in gaining conviction on the magnitude and exact timing of shortfalls."
Read More For Toni Sacconaghi, A stands for Apple and Ambivalence
From "Apple iPhone revenues expected to deflate further in 2023, says Bernstein's Toni Sacconaghi" which aired Monday on CNBC.
Read More Why Bernstein's Toni Sacconaghi slashed his Apple's target $45 to $125
From "Apple's iPhone growth predicated on its ability to get users to upgrade, says Bernstein's Sacconaghi" which aired Tuesday on CNBC.
Read More Toni Sacconaghi doubts Musk's attack on Apple has legs (video)
"We estimate that Apple's extra week in the December quarter will add 7%+ to revenue growth, which does not appear reflected in consensus."
Read More Toni Sacconaghi is above consensus for Apple's Q4, below for fiscal 2023
From a note to Bernstein clients that landed on my desktop Tuesday.
Read More Toni Sacconaghi: Five Q's and five A's in advance of Wednesday's Apple event
Apple: Sacconaghi interruptus (video)
3 years ago
3 years agoBernstein's Toni Sacconaghi makes two of his three points about why Apple right now is among the hottest stocks in big tech.
"We worry that growth… may slow as consumers are increasingly pressured by inflation and rising rates." -- Analyst Toni Sacconaghi
Read More Bernstein's Sacconaghi likes Apple's prospects for the June quarter, but...
From a note to Bernstein clients that landed on my desktop Monday.
Read More Toni Sacconaghi: Apple is losing $1 to $2 billion a year on TV+ (video)
"In 14 of the last 15 years the stock has outperformed the market [between June and September] by an average of 14 percentage points."
Read More Toni Sacconaghi: Apple ripens in the summer (video)
"The companies in our universe vary widely in business composition, and we maintain that those with the most recurring revenue and profit are least at risk."
Read More Why Bernstein's Toni Sacconaghi is bearish on Apple in a recession
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