Apple rises as earnings and iPhone sales smash expectations

However, Apple's range of guidance for next quarter is wider than typical, a change that Cook attributed to uncertainty caused by the deadly coronavirus, which has shut down travel in parts of China.

"As you can see from the range, anticipates some level of issue there. Otherwise, we would not have a $4 billion range," Cook said. Cook said that Apple's "Greater China" segment, which also includes Taiwan and Hong Kong, had returned to growth in the quarter, which ended in December. Investors in recent months have turned more attention on Apple's "Other Products" category, which includes Apple Watch and AirPods, two products that Apple said it could not make enough of during the quarter. Cook said that there is still more demand than supply for the $199 Apple Watch Series 3 and the $249 AirPods Pro.

Earnings YOY is down. EPS is only up because of Fed-induced share buybacks. Nothing to be proud of as an Apple investor.

It's great that they keep the price of their phone so high so they can make a huge profit

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Why Apple won't kill the iPhone's Lightning charger anytime soon - Business InsiderThe EU wants a common charging standard for smartphones, which would mean killing the iPhone's Lightning port. Here's why that probably won't happen.
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »

Synovus's Dan Morgan remains an Apple bull, despite stock surge - Business InsiderSynovus Trust's Dan Morgan is still a bull on Apple, even though the company's stock has surged over the last year. CoronaVuris will not stop the Apple pump 😉 At least not until they sell first. Those tax cuts along w that are making a killing for those ppl.
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »

Stocks shrug off Wuhan virus worries as focus turns to Apple and Starbucks earnings - Business InsiderThe Dow tanked yesterday to turn the index negative for the year. 'You would expect some let-up after such a big move lower,' says one analyst. Bhagavad-Gita Quotes. Digital Mandir. 🍔🍔
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »

Services in spotlight after Apple stock market value hits $1.4 trillionServices in spotlight after Apple stock market value hits $1.4 trillion by randewich randewich Indeed randewich
Sumber: Reuters - 🏆 2. / 97 Baca lebih lajut »