Tuesday, April 30, 2019

Apple Earnings Recovery

The times they are a changing if you are Apple and your iPhone is struggling to help your company hit its earnings marks.

The early growth days are long in the rear-view mirror for Apple now.  Last year saw a decline like Apple hasn't seen in decades but there appears to be a stabilization in effect so far this year.


Here is the full story:

https://www.cnn.com/2019/04/30/tech/apple-q2-earnings-preview/index.html

Here is a snippet from the piece:

"It has been Apple's pricing hubris on iPhone XR that was the major factor in the company's December earnings debacle in China," Daniel Ives, an analyst with Wedbush, wrote in an investor note on Friday. "However with some recent price cuts demand trends are slowly turning around in this all-important region for Cupertino."

Happy Reading,

J.W. Gant

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