Apple Q3 FY24 Earnings Preview: Grab rewards by guessing the opening price!
Hi, mooers!
Just a heads-up:
Earnings Challenge is in full swing! What's your take on Apple's earnings and its stock performance? Now join the challenge, leverage moomoo's handy features to support your views on these stocks and earn plenty of rewards! Don't miss the chance to win big>>
$Apple(AAPL.US$ is releasing its Q3 FY2024 earnings on August 1 after the bell. Unlock insights with Apple Earnings Hub>>
Since its last earnings release, shares of $Apple(AAPL.US$ have seen an increase of 29.08%. How will the market react to the upcoming results? Make your guess now!
Rewards
● An equal share of 5,000 points: For mooers who correctly guess the price range of $Apple(AAPL.US$'s opening price at 9:30 ET August 2 (e.g., If 50 mooers make a correct guess, each of them will get 100 points.)
(Vote will close on 6:00 ET August 2)
● Exclusive 300 points: For the writer of the top post on analyzing $Apple(AAPL.US$'s earnings prospects.
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).
3. The selection is based on post quality, originality, and user engagement.
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).
3. The selection is based on post quality, originality, and user engagement.
Disclaimer: This presentation is for information and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Before investing, please consult a licensed professional. See this link for more information.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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steady Pom pipi : Despite the increase in performance, I'm worried that Apple will become Tesla 2.0.
Will “Apple Smart” arrive late? Will allegedly miss the debut of iOS 18 and miss the first iPhone 16
Apple Intelligence's main AI features may be postponed until October, and iOS 18.0 and 18.1 beta versions will be launched at the same time.
mr_cashcow : $Apple (AAPL.US)$ recently slash their iPhone prices in India and although there is a slight delay in their AI service launch to October I still think it will be able to perform well with the price going up after earnings is released due to the following:
Diversified product ecosystem: iPhone, Mac, iPad, Apple Watch, and AirPods drive revenue and profitability
Multiple services segment growth: Apple Music, Apple TV+, Apple Arcade, and Apple Care contribute significantly to revenue, so many awesome apple TV shows that locks in subscriptions
Innovation and R&D: AI & foldable phone, recently announced super slim iPhone model alongside their super slim ipad
Exceedingly strong brand loyalty: Customer retention and loyalty drive repeat business
Global expansion: Despite slow down of sales in China, they have cut price in India to boost sale
Efficient supply chain management that boost profit margins
102362254 : Analysts expect Apple's revenue to grow by 3.1% this year due to higher net income and improved EPS. Despite challenges in China, they predict strong iPhone sales of around 44 million units. Progress in AI, especially with the upcoming iPhone 16, is also anticipated. Services, Mac, and accessories are expected to do well, though Wearables might see a slight decline. Analysts believe Chinese iPhone sales will stabilize and that AI advancements will enhance Apple's competitiveness.
Overall, optimism is high for Apple's Q3 FY24 earnings, driven by strong iPhone sales, advancements in AI, and potential recovery in the Chinese market.