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Apple Inc AAPL

Alternate Symbol(s):  N.AAPL

Technology Computer Systems
Apple Inc. designs, manufactures and markets smartphones, personal computers, tablets, wearables and accessories, and sells a variety of related services. Its product categories include iPhone, Mac, iPad, and Wearables, Home and Accessories. Its software platforms include iOS, iPadOS, macOS, watchOS, and tvOS. Its services include advertising, AppleCare, cloud services, digital content and payment services. It operates various platforms, including the App Store, that allow customers to discover and download applications and digital content, such as books, music, video, games and podcasts. It also offers digital content through subscription-based services, including Apple Arcade, Apple Fitness+, Apple Music, Apple News+ and Apple TV+. Its products include iPhone 15 Pro, iPhone 15, iPhone 14, iPhone 13, MacBook Air, MacBook Pro, iMac, Mac mini, Mac Studio, Mac Pro, and others. It also provides DarwinAI, which specializes in visual quality inspection using its Explainable AI platform.
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NDAQ:AAPL - Post by User

Apple Inc > Apple's revenue and EPS were up 8% and 5% YoY!πŸš€
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Post by JasleenDhakaon Nov 07, 2022 2:42pm
163 Views
Post# 35079685

Apple's revenue and EPS were up 8% and 5% YoY!πŸš€

Apple's revenue and EPS were up 8% and 5% YoY!πŸš€• Leading revenue growth were Services and Mac sales, and iPhone and wearables/home/accessories sales.

• Services revenue grew only 5% YoY in Q4, Apple has 900M+ paid subscribers, and we believe services should bring more stability to Apple's revenue.

• The company has implemented a hiring freeze, indicating potential near-term weakness.

Future Projections:

• Despite declining consumer spending and a strong US$, we are expecting a strong Q1, as the company has launched multiple products in the past few months.

Visit researchfrc.com to find out our analyst's fair value estimate for Apple! Our analysts cover some big names like Tesla, Microsoft, Major Canadian Banks, etc.

Report link: https://www.researchfrc.com/apple-inc-nasdaq-aapl-facing-new-headwinds-amid-supply-chain-disruptions/?utm_source=stockhouse.com&utm_medium=Referral&utm_campaign=stockhouse.com&utm_id=Apple

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*FRC provides issuer-paid coverage.
*Past performance is not indicative of future results.
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