To The Moon

$Apple(AAPL)$

Apple, a pandemic winner as demand for its iPhones, MacBooks and services surged, still grew market share last year due to the popularity of its iPhone 13 series.

Apple is expected to report revenue of US$93.89 billion for its fiscal second quarter, a 4.8 per cent rise, but its slowest growth rate in six quarters. Sales of iPhones, where Apple gets most of its revenue, are expected to fall slightly to US$47.88 billion, according to Refinitiv data.

Though Apple lost out on billions of dollars in sales last year due to product shortages, it escaped much of the supply issues that plagued other tech companies, thanks to its buying power, and the company's ability to place custom orders for components used in its products.

It also prioritised manufacturing more expensive, high-margin products. Apple forecast that those supply issues would continue to decrease in its second quarter, another reason why analysts have shifted focus to the demand side.

With the announcement of its revenue, APPLE will definitely rise again and that's why im buying on the low.