Apple did not provide specific revenue guidance this time, but the Company expects that the growth rate of revenue in FY1Q23 will slow down. (b) The Company expects the GPM to stabilize at 42.5%-43.5% in FY1Q23. (c) It disclosed in the conference call that the problem of chip...
Apple CEO Tim Cook did provide a forward-looking data point in an interview with CNBC's Julia Boorstin. "What we expect for the March quarter is solid year-over-year revenue growth," Cook said. "And we expect supply constraints in the March quarter to be less than they were in the Dec...
Revenue grew 24.65% to $40.1 billion from $32.17 billion a year ago.Compare that to Apple's 2.05% revenue growth and EPS growth of 15.96% ($2.18 vs $1.88 a year ago).I don´t know where those similar performances should come from at AAPL. I do not see any significant improvement ...
Apple’s revenue growth rate outlook is lower than its FAANG peers, which factors in our more optimistic 8% revenue growth vs. the Street at 4% in 2022. We believe the continuation of the accelerating digital transformation, along with a multi-year iPhone 5G upgrade cycle and the addition o...
Services revenue:$24.21 billion vs. $24.01 billion estimated Gross margin:46.3% vs. 46.1% estimated Apple expects similar overall revenue growth in the current quarter, company finance chief Luca Maestri said on a call with analysts. Apple also expects Services to grow at about the same rate as...
"Apple's year-over-year revenue growth rate accelerated for the fourth consecutive quarter and drove EPS growth of 24 percent in the September quarter," Apple Chief Financial Officer Luca Maestri said. "We also generated strong operating cash flow of $15.7 billion and returned $11 b...
2:51 pm: Q: Services revenue, much better than expected, can you give us details about what drove that? More AppleCare? Apple 1, TV or Fitness? A: 26% growth rate was better than we expected at the beginning of the quarter. Difficult to single out a specific area. Set records on ...
However, revenue for the closely watched Greater China region declined again, falling 7 percent to $14.7 billion from $15.8 billion a year earlier, as Apple continues to face competitive pressure from local handset makers and a governmental ban. Despite acknowledging the challenges in the country ...
Apple saw year-over-year growth in Mac sales across all of its geographic segments. Growth was particularly strong in the Asia Pacific and Japan markets, which saw revenue rise 157 and 121 percent, respectively, from last year’s fourth quarter. ...
potentially reducing revenue by approximately 1.5pp year-over-year. For the September quarter, total revenue is expected to grow at a rate similar to the June quarter. Services revenue is projected to continue its double-digit growth, consistent with the rate observed in the first three quarters...