Wholesale prices posted an unexpected decline in February, providing some encouraging news on inflation as the Federal Reserve weighs its next move on interest rates.
The producer price index fell 0.1% for the month, against the Dow Jones estimate for a 0.3% increase and compared to a 0.3% gain in January. On a 12-month basis, the index increased 4.6%, well below the downwardly revised 5.7% level from the previous mon...

• Rev +9% Y/Y to $149.2B ($3.4B beat).
• Operating margin 2% (-2pp Y/Y).
• Non-GAAP EPS $0.03 ($0.14 miss).
AWS:
• Revenue +20% Y/Y to $21.4B.
• Operating margin 24% (-6pp Y/Y).
Q1 FY23 Guidance:
• Revenue ~$123.5B ($2B miss).
Thoughts:
Growth slowdown:
The economy & recession is causing the business to slowdown, so revenue slowdown is expected. but i would like to see it pickling up again in 6-9 months' time.
(At such a large size, it's hard to keep growing at such a high pace to...

• Revenue -5% Y/Y to $117.2B ($4.5B miss).
💳 Services +6% Y/Y to $20.8B.
📱 Products -8% Y/Y to $96.4B.
• Operating margin 31% (-2pp Y/Y).
• Operating cash flow margin 29%.
• EPS $1.88 ($0.07 miss).
Segments growth in Q1 23:
- iPhone: -8% YoY
- Mac: -29% YoY
- Ipad: +30% YoY
- Wearables, Home & Accessories: -8% YoY
- Services: +6% YoY
Net sales: -5.5%
Summary:
✳️ Apple's fiscal Q1 revenue and EPS miss was the first in at least 20 quarters, if not longer.
✳️ However, the business's fu...