1:41 pm: Apple's fiscal Q1 included the standard 13 weeks, compared to Q1 2023 which had an extra week as happens every few years to reset the calendar. 2:00 pm: Apple's gross margin of 45.9% is its highest in more than a decade, though the 47.4% in Q2 2012 was artificially boo...
Good day, everyone, and welcome to the Apple Q1 fiscal year 2023 earnings conference call. Today's call is being recorded. And now at this time, for opening remarks and introductions, I would like to turn the call over to Tejas Gala, director of investor relations and corporate finance. P...
In terms of the sizing of the constraint in Q1, what we estimate, although not with precision, is that we believe iPhone would have grown during the quarter had it not been for the supply shortages. So hopefully that provides you a little bit of color....
The gross margin of $44.3 billion is up from Q1 2020's $35.2 billion, while operating expenses are up/down year-on-year to $10.8 billion from $9.6 billion. Net profit is $28.8 billion, an improvement from $22.2 billion one year prior. "This quarter for Apple wouldn't have been possib...
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For the supply chain, Kuo tells investors to "watch Pro models' major beneficiaries," namely supply chain firms, who could beat the seasonality of sales in Q1 2023 due to increased component demand and higher component prices. Firms who do not work in the Pro model pipeline face a...
Apr 20, 2023 View Article Apple Saw Global PC Shipments Drop – $AAPL $DIA As per reports, recently IDC reported that Apple realized an a 29% decline in global PC shipments during Q1 2023, citing weak demand, excess inventory, and a deteriorating macroeconomic climate as factors. The rep...
Product DemandThe iPhone 16 cycle appears weak, confirming investor concerns and initial data points, with Apple guiding to flattish revenues for Q1, which would point to flat to down iPhone revenues for FY 25, based on historical seasonality. ...
iPhone Sales in China Dropped Significantly in Q1 2024 Tuesday April 23, 2024 4:25 am PDT by Hartley Charlton iPhone sales in China declined significantly in the first quarter of 2024 as consumers turned to other premium smartphone brands, according to Counterpoint research. During the first ...
According to Statista, in the global market share in Q1 2022, Apple was in fourth place, at 9%. Lenovo has the highest share at 23.6% 3.2 SWOT Analysis 3.2.1 Strengths According to Forbes (6 Forbes 2020), Apple is the world's most valuable brand in 2020. High quality product and ...