FiveHundredCents
Excellent Contributor
wrote a post · Jan 25, 2023 19:21
Apple Stock: Will The Mac Save The Day In Fiscal Q1?
$Apple (AAPL.US)$stock has a steep hill to climb this earnings season, given the many headwinds in the holiday period. But could the Mac segment look better than feared and save the day in Cupertino?
Apple’s Mac: Sectorwide Headwinds Those that have been following the Apple Maven’s preview of the Cupertino company’s earnings day must have already noticed the pattern. Fiscal Q1 should be a rough holiday quarter for CEO Tim Cook & Co. Pressuring the entire company are factors like
(1) severe supply chain constraints, particularly around assembly lines in China;
(2) a global economy that seems to be cooling off slowly;
and (3) an FX drag that, granted, may not be as bad as originally anticipated.
Top 5 companies, worldwide traditional PC shipments, market share and YoY growth, Q4 2022.
Apple's Mac revenue growth since 2019.
Apple reports fiscal Q1 earnings on February 2. Which segment do you think will perform best relative to expectations?