JP Morgan analyst seems to expect Apple to beat its own revenue records for Q1 2022 (calendar Q4 2021) and surpass Wall Street's expectations... despite the global chip shortage.
to beat Wall Street's consensus predictions with its revenue, therefore breaking its holiday quarter records.It seems like Apple can sell no matter what is going on in the tech industry... not only sell but even break its own records in a time where a global chip shortage is stopping many manufacturers from delivering their best results. Well, that is, at least, according to a note to investors from JP Morgan, which was seen by AppleInsider.
Apple has not given any guidance on the quarter and what to expect. Despite that, Chatterjee predicts Apple will beat Wall Street's expectations for the quarter, and at the same time, smash its own records in the process. This pretty much means the analyst expects Apple's holiday season revenue to beat any revenue for the quarter the company ever had!
According to the analyst's prediction, the biggest upgrade to the earning cycle will be March's quarterly revenue and earnings-per-share expectations. He expects a bigger iPhone revenue that is typical for the season: pretty much because Apple will be able to achieve inventory balance later than in previous years, while the supply chain conditions improve.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Sports Illustrated Weekly: Introducing: Sports Illustrated Weekly on Apple PodcastsIntroducing: Sports Illustrated Weekly! Hosted by JohnGonzalez, the new magazine-style podcast will bring the most captivating stories from the most iconic names to life. Listen to the trailer and subscribe today 🎧
Weiterlesen »
Netflix and Apple lead SAG Award nominations with 'Squid Game' and 'Ted Lasso' | EngadgetNetflix and Apple led the SAG Awards with nominations for many of the major awards, including the first non-English series nod for 'Squid Game.'.
Weiterlesen »
CryptoCom NFT Appoints Former Apple and ESPN Executive as Senior DirectorJeff Zeller previously held senior positions in Apple (iTunes) and Sony Music, while CryptoCom NFT is headed by another top executive from the music world.
Weiterlesen »
Apple Glasses could also correct your vision, new patent showsGood news for people with prescription glasses - a newly published patent suggests that Apple Glasses could replace your regular glasses. Read on to see how!
Weiterlesen »
You Can Play the Original 'Prince of Persia' on Your Apple Watch, No App RequiredThe classic Jordan Mechner adventure game has been ported to JavaScript making it playable through a browser.
Weiterlesen »
Fortnite finally comes back to Apple devices via GeForce Now | Digital TrendsNvidia is bringing Fortnite back to mobile with an open beta on Android and iOS devices through its cloud gaming service, GeForce Now.
Weiterlesen »