Apple Revenue and Profit Beat but Impacted by High US Dollar

Viewing 9 posts - 1 through 9 (of 9 total)
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  • #46590
    ThePitBoss
    Participant

    Consumer electronics giant Apple reported better than expected EPS and revenue for the September quarter earnings Thursday. Apple’s biggest driver of
    [See the full post at: Apple Revenue and Profit Beat but Impacted by High US Dollar]

    #46834
    TradersCom
    Keymaster

    Big Tech got wrecked last week on Earnings $AMZN $META $SNAP $MSFT $GOOG $TXN to name a few …
    But $AAPL beastly traded technically perfectly per @knovaWave sphere of influence to the 50wma

    #46835
    MoneyNeverSleeps
    Participant

    Apple (AAPL 154.77 -0.97 -0.62%): Foxconn (HNHPF) iPhone production could fall 30% at key factory due to coronavirus outbreak, according to Reuters.

    #47213
    Truman
    Participant

    Apple selling continues after update on supply of iPhone 14 Pro and iPhone 14 Pro Max;
    Expects lower iPhone 14 Pro and iPhone 14 Pro Max shipments than previously anticipated #badapple

    $AAPL 135.96 ▼ -2.42 (-1.75%) today

    #47309
    MoneyNeverSleeps
    Participant

    China has lifted its lockdown restrictions for the area around FoxConn iPhone plant

    #47730
    TradersCom
    Keymaster

    Apple (AAPL) offering a MacBook deal to businesses to boost DecQ sales, according to Bloomberg
    Apple (AAPL) legal battle with Epic Games moves to appeals court, according to the Wall Street Journal

    #47738
    TradersCom
    Keymaster

    Morgan Stanley says that:

    Apple’s most in-demand iPhones this year, the premium Pro models, will fall short of earlier shipment estimates by 6 million units
    expected to ship 79 million units in the current quarter, a shortfall from the previous 85 million handsets estimate
    MS says this is due to the disruption at the main assembly hub in China

    #48020
    TradersCom
    Keymaster

    Apple $AAPL 148.01, -3.28, -2.2% traded down after the South China Morning Post reported #Apple is extending the wait time in China for the iPhone 14Pro and iPhone14 ProMax due to production issues at the Foxconn manufacturing facility in Zhengzhou.

    #48444
    TradersCom
    Keymaster

    Apple lower following TF International Securities’ Ming-Chi Kuo note

    “Total #iPhone14Pro & #14ProMax shipments in 4Q22 will be 15–20 million units less than expected”

    $AAPL $141.68 141.68▼ -2.54 -1.76% today
    High $144.81 Low $141.20

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