Company with strong moats

1. Do you feel satisfied with the latest earning results?
I'm satisfied with the latest Apple earnings because the misses are expected with the negative macro conditions (inflation, rate hike and recession fear).
I'd like to highlight that there are few items that Apple meets expectation:
1. iPad revenue: $9.4 billion vs. $7.76 billion estimated, up 29.66% year over year
2. Services revenue: $20.77 billion vs. $20.67 billion estimated, up 6.4% year over year
3. Gross margin: 42.96% vs. 42.95% estimated

2. What's your analysis and opinion about the company towards 2023?
Personally I think Apple ( $Apple(AAPL.US)$) is on the right track to capture market at low end iPad when inflation is still high. Low end or less expensive products will increase in demand and push up sales and eventually gross margin. Hence it is suggested that the company should also produce other low end products.
My outlook for the company remain positive due to 2 factors:
1. Most countries such as China are opening up and theirs demand for hi-tech products will push sales up.
2. Apple has strong moats which its competitors cannot replicate.This will give Apple the advantage to recover faster.
I'm looking forward to the following new launch in 2023: M2 Mac mini, Mac mini with M2 Pro, 14-inch and 16-inch MacBook Pro with M2 Pro chip and New full size HomePod (with surprise!).
Source:
Apple sales drop 5% in largest quarterly revenue decline since 2016
Every new Apple product coming in 2023