Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top
Apple Q4 FY2023: Weak outlook overshadows record iPhone quarter
Views 33K Contents 51

It’s Hard to Bet Against Apple

$Apple(AAPL.US)$ ’s Q1 revenue guidance appeared flat year-over-year, but it’s more positive than it seems. The upcoming Q1 has one less week than the previous year, which added seven percentage points to last year’s revenue.

Excluding this extra week, Apple’s guidance shows 7% growth. This is noteworthy, given the challenging economic environment marked by inflation and high interest rates.

Apple’s services segment, demonstrating robust and sustained growth, is expected to continue providing double-digit growth, significantly contributing to earnings. With this strength, there’s potential for Apple’s services business to represent over half of the company’s profit.

The combination of a loyal customer base and substantial net cash holdings justifies the stock’s current valuation. While there are inherent risks such as underperformance in the services business or stagnant sales growth, prospective investors should conduct thorough research before investing.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
1
+0
Translate
Report
7089 Views
Comment
Sign in to post a comment
    149Followers
    11Following
    536Visitors
    Follow