Apple earnings results keep 'bull thesis alive and well': Analyst

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Apple Notícia

Michael Ng,Earnings Results,Quarter Earnings

Apple (AAPL) reported third quarter earnings on Thursday, August 1 that beat expectations on both the top and bottom lines. Goldman Sachs Senior Equity...

on Thursday, August 1 that beat expectations on both the top and bottom lines. Goldman Sachs Senior Equity Research Analyst Michael Ng joins Yahoo Finance to break down Apple's recent earnings results, as well as the potential impact of the

Ultimately, we think this keeps the bull thesis alive and well, which is really about an earnings acceleration and a step up in normalized earnings power really supported by the upgrade cycle for the iphone, Michael.Do you think these A I features are going to be when you talk about the strong guidance?I guess more specifically, what do you think that could be usually look like here for Apple?They are gonna get rolled out for the iphone over the next couple of years.

Wait what the market is, demand, wait to see what the market is demanding and see exactly how much of that market share you could capture, especially given the install base that you already have.I think when you look at what's happening with A I, it's uh it's really illustrative of what you're just asking about.And after WW DC, I think the markets really change their perception of how Apple fits into the A I landscape.

You know, we, we, we were so willy nilly to talk about NVIDIA being a $4 trillion.06 trillion, $10 trillion company at some point.

 

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