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2023-11-06

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@JC888:APPLE will dip after Q4 results on 02 Nov 2023?

2023-11-06

Go to play again. Go go goii

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In the June quarter, Apple's iPhone revenue declined 2% to $39.67 billion and accounted for 48% of the company's total sales.Meanwhile, Apple's Mac computer","text":"Have you noticed that $Apple(AAPL)$ ‘s share price always fall after release of its quarterly results, regardless of the earnings? I never quite figure out the root cause/s for the strange phenomena. However, to arrive at a conclusion based solely on observation convinces no one. Therefore, let’s look at its historical earnings instead. Historical quarter earnings: Consumer electronics giant — Apple has posted 3 straight quarters of declining sales. (see above) This is an important factor that has weighed on Apple stock. In Q3 2023, Apple’s hardware sales declined -4.4% to $60.58 Billion. 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