Apple s cautious outlook looms over US$111B sales haul
Mark Gurman, Bloomberg News
Apple Inc. shares slid 2.9 per cent in premarket trading Thursday after a cautious outlook from executives overshadowed quarterly revenue that topped US$100 billion for the first time.
While the company didnât provide an official forecast for the fourth quarter in a row, executives said sales growth from AirPods and other wearables will decelerate in the current quarter. They also warned that Services sales in the period will face tougher comparisons with a year earlier.
Overall, however, analysts saw the earnings report as a positive. RBC Capital Markets analyst Rober Muller wrote in a note that the marketâs expectations were âelevatedâ coming into the numbers, but Apple âdelivered on all fronts.â
El Intransigente
Apple’s cautious outlook overshadows $111 billion sales haul
IPhone revenue reaches $65.6 billion in sign of «super cycle». Company sees slower Wearables, AirPods and Services growth.
Compártelo:
28 enero, 2021
Apple Inc. shares fell more than 3% in extended trading after a cautious outlook from executives overshadowed quarterly revenue that topped $100 billion for the first time. While the company didn’t provide an official forecast for the fourth quarter in a row, executives said sales growth from
AirPods and other wearables will decelerate in the current quarter. They also warned that Services sales in the period will face tougher comparisons with a year earlier.
Apple s revenue surpasses $100 bn-mark in Dec on record iPhone sales globally
Apple s revenue for the quarter ended Dec. 26 rose 21% to $111.44 billion. Earnings per share rose to $1.68 from $1.25, beating Wall Street targets
Reuters | January 28, 2021 | Updated 11:42 IST
Apple shares rose 85% over the previous year, versus 46% for the Nasdaq 100, of which it is a component
Apple Inc on Wednesday reported holiday quarter sales and profits that beat Wall Street expectations, as new 5G iPhones helped push handset revenue to a new record and sparked a 57% rise in China sales. Apple shipped its iPhone 12 lineup several weeks later than usual, but an expanded number of models and new look tapped pent up demand for upgrades, especially in China. The company also posted strong sales of its Mac laptops and iPads in the quarter, driven by consumers working, learning and playing from home during the pandemic.
Apple CEO slams Internet giants ahead of new privacy features
Natalia Drozdiak and Mark Gurman, Bloomberg News
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Apple Inc. Chief Executive Officer Tim Cook lambasted tech giants for âdata exploitationâ and called for reform around the practices of selling user data to target ads.
The iPhone maker is rolling out new privacy features that restrict how mobile apps such as those from Facebook Inc. and Alphabet Inc.âs Google gather data about users to target ads.
âIf a business is built on misleading users, on data exploitation, on choices that are not choices at all, then it doesnât deserve our praise, it deserves reform,â Cook said Thursday at the online Computers, Privacy & Data Protection Conference.