Apple's strong fourth-quarter earnings were driven in part by "huge AirPod growth," Bernstein's Toni Sacconaghi said.
"A second quarter in a row of 50%+ [year over year] growth and the fact that Apple is beating AirPods forecasts weekly suggests strong double-digit growth is sustainable," Morgan Stanley analyst Katy Huberty said. Apple's wearables performance showed "positive trends for new products," Barclays analyst Tim Long said, giving hope for innovation in Apple's hardware line finding new profits.turned in stronger than expected fourth-quarter results but a second consecutive quarter of strong growth for wearables impressed analysts, who are looking for the tech giant to innovate beyond the iPhone.
"Wearables continue to lead growth. Many investors attributed 50% wearables growth in the June quarter to shorter lead times as demand caught up with supply, however a second quarter in a row of 50%+ [year over year] growth and the fact that Apple is beating AirPods forecasts weekly suggests strong double-digit growth is sustainable," Morgan Stanley analyst Katy Huberty wrote in a note to investors.Apple shares rose 1.7% in premarket trading Thursday from its previous close of $243.
predicted strong iPhone sales. But "huge AirPod growth" helped drive Apple's earnings, Bernstein's Toni Sacconaghi said.
The reason the AirPod business is so lucrative is that people lose them and have to replace either the AirPods or the case. That’s 3 little piece to drop or lose in a seat. It’s a fantastic annuity for Apple and I’m sure they’ve calculated the percentage that need replacement.
who ever gets Apple?
I heard when 5g comes out the iphone 11 will be no good you will have to get a new5g iphone that is 5 g
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