Tim Cook Pulled Off A Top Gun Maverick With Strong Apple China Revenue: Analyst Reacts

Benzinga2022-07-29

Wedbush analyst Dan Ives said Apple Inc CEO Tim Cook pulled off a “Top Gun Maverick” type feat for posting strong revenues from China despite COVID-19 shutdowns.The Apple Analyst: Ives maintained his ...

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Bspn
2022-07-30
Bspn
Ok
Bel8680
2022-07-29
Bel8680
Thanks
来人
2022-07-29
来人
Ok
hellodarz888
2022-07-29
hellodarz888
Amazing
N00b
2022-07-29
N00b
Ok like
EKE
2022-07-29
EKE
[Call] [Call] [Call] [Call] [Call] [Call] [Call] [Call]

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Co. given the ongoing COVID shutdown and speaks to the overall demand story seen with Apple.”</p><p>Apple posted a revenue of $82.96 billion versus Street estimates of $82.79 billion in the third quarter. The numbers were underpinned by strong <b>iPhone</b> and <b>iPad</b> sales.</p><p>Ives said the iPhone revenue of $40.67 billion was the “star of the show” even though there were “fears of a clear miss” due to COVID-19-related shutdowns and macroeconomic headwinds.</p><p>“We would characterize this quarter as a major bullish statement on iPhone and iPad demand and Cupertino&#39;s ability to navigate a supply chain shortage in an impressive performance,” said the Wedbush analyst.</p><p>Ives said Wedbush is walking away from the Apple conference call positive that the Cupertino, California-based tech giant can “navigate this economic storm with the demand and growth story well intact for iPhones and Services front and center.”</p><p><b>Apple Price Action:</b> On Thursday, Apple shares rose 3% in the after-hours trading to $162.02 after closing 0.4% higher at $157.35 in the regular hours.</p></body></html>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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The numbers were underpinned by strong iPhone and iPad sales.Ives said the iPhone revenue of $40.67 billion was the “star of the show” even though there were “fears of a clear miss” due to COVID-19-related shutdowns and macroeconomic headwinds.“We would characterize this quarter as a major bullish statement on iPhone and iPad demand and Cupertino's ability to navigate a supply chain shortage in an impressive performance,” said the Wedbush analyst.Ives said Wedbush is walking away from the Apple conference call positive that the Cupertino, California-based tech giant can “navigate this economic storm with the demand and growth story well intact for iPhones and Services front and center.”Apple Price Action: On Thursday, Apple shares rose 3% in the after-hours trading to $162.02 after closing 0.4% higher at $157.35 in the regular hours.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9901009334,"gmtCreate":1659087606328,"gmtModify":1676536256021,"author":{"id":"4102702385674620","authorId":"4102702385674620","name":"N00b","avatar":"https://community-static.tradeup.com/news/2fff337dda34fd1714aa113e5b234fc9","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"4102702385674620","authorIdStr":"4102702385674620"},"htmlText":"Ok like","listText":"Ok like","text":"Ok like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901009334","repostId":1109349868,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9901000652,"gmtCreate":1659087410776,"gmtModify":1676536256013,"author":{"id":"4090806928052850","authorId":"4090806928052850","name":"EKE","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4090806928052850","authorIdStr":"4090806928052850"},"htmlText":"[Call]&nbsp;[Call]&nbsp;[Call]&nbsp;[Call]&nbsp;[Call]&nbsp;[Call]&nbsp;[Call]&nbsp;[Call]&nbsp;","listText":"[Call]&nbsp;[Call]&nbsp;[Call]&nbsp;[Call]&nbsp;[Call]&nbsp;[Call]&nbsp;[Call]&nbsp;[Call]&nbsp;","text":"[Call] [Call] [Call] [Call] [Call] [Call] [Call] [Call]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901000652","repostId":1109349868,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":73,"commentSize":9,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1109349868"}