Apple Q2 FY2023 Earnings Preview: Grab rewards by guessing the closing price!
Rewards
● An equal share of 1,000 points: For mooers who correctly guess AAPL's closing price range on 5 May ET by 2:30 PM, May 5 ET. (e.g., If 50 mooers make a correct guess, each of them will get 20 points.)
● Exclusive 300 points: For the writer of the top post on analyzing AAPL's earnings preview as an inspiration reward.
*The selection is based on post quality, originality, and user engagement.
Note: 1. Rewards will be distributed within 5-7 working days after the result's announcement.
2. Rewards can be used to exchange gifts at the Rewards Club (moomoo app >> Me >> Redeem Points).
Book the Live Earnings Conference:
AAPL Q2 FY2023 earnings conference call
2. Rewards can be used to exchange gifts at the Rewards Club (moomoo app >> Me >> Redeem Points).
Book the Live Earnings Conference:
AAPL Q2 FY2023 earnings conference call
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GodSpeed289 : + 3%
Apple's earnings are greatly influenced by the volatile China market, which represents one-fifth of the company's total revenues. Overall, Q2 results will be in line with expectations. IPhone sales will be within expectations. However, sales volume expectations will be lower for Mac, iPad, and Services .
Passive Investor : expected to be usd300
ZnWC : +2%
Estimates expect Apple revenue and EPS to be negative YoY due to lower sales and decrease in production. Market sentiment is positive because company moat is still strong. I hope Apple's Open bank will bring positive effect on the share price.
sociable Dingo_8604 : Between -10 to +10%
quekky : +3%
Starchin : Shld be good to go
EYSY : Would think stock price would rise around 0-5%.
Consensus estimates around -5% in revenue and -6% in EPS. Based on analyst ratings, majority are still bullish on the stock and investors are usually optimistic on Apple. If revenues appear a beat to estimates, think the price would move up slightly.
liuhowei Passive Investor : 盈300？
cola1010 : Should be within the expected range. Apple's Q2 statistics are expected to indicate a decrease in March sales as a result of weak consumer spending on higher-priced computing products. Despite the fact that the category accounts for only 10% of Apple's revenue, current data indicates a 40% reduction in unit shipments in the March quarter, which is more than analysts estimate. Sales growth in the Services segment may potentially decelerate due to lower advertising and gaming spending. Higher-end iPhone sales, on the other hand, are likely to enhance gross margins, and Apple management intends to reduce operating expenses throughout the year, particularly by reducing staffing. Despite weaker economic conditions, the company is expected to maintain flat buybacks at around $23 billion this year.
小刘 GodSpeed289 : Apple's recent trend is very good
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