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SGD to weaken to $1.35/USD amidst COVID-19 woes: Fitch

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news","listText":"Bad news","text":"Bad news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/802125506","repostId":"1167653033","repostType":4,"repost":{"id":"1167653033","pubTimestamp":1627706886,"share":"https://www.laohu8.com/m/news/1167653033?lang=&edition=full","pubTime":"2021-07-31 12:48","market":"sg","language":"en","title":"SGD to weaken to $1.35/USD amidst COVID-19 woes: Fitch","url":"https://stock-news.laohu8.com/highlight/detail?id=1167653033","media":"Singapore Business","summary":"The Singapore dollar (SGD) is expected to weaken to $1.35 versus the US dollar (USD) for 2021, accor","content":"<p>The Singapore dollar (SGD) is expected to weaken to $1.35 versus the US dollar (USD) for 2021, according to Fitch Solutions, to weaken further to $1.36 in 2022.</p>\n<p>This is a downgrade from its previous forecast of $1.33 against the greenback for 2021 and $1.32 in 2022.</p>\n<p>“The SGD has weakened in line with most other Asian currencies after the Fed’s hawkish surprise on June 16, and will likely trade in a weaker range between $1.35 per USD and $1.38 per USD for the remainder of 2021 and likely in 2022 as well,” Fitch said.</p>\n<p>This is due to the risk-off sentiment sparked by the resurgence of COVID-19 infections across Asia, including the key economies of Indonesia, Malaysia, and Thailand.</p>\n<p>The SGD&nbsp;also breached the key support level of $1.35 per USD on 8 July and has weakened since. The last time Singapore breached this level was in July 2018, during the initial phases of the US-China trade war.</p>\n<p>“However, any weakness in the SGD should be capped by the economy being in a much more resilient position than other Asian markets, due to the fast progress in vaccinating the population,” it added. “This puts Singapore in a much more resilient position compared to most other Asian economies and the SGD could benefit from some degree of safe-haven flows from elsewhere in the region as the year progresses, limiting prospects for further depreciation beyond our identified trading range.”</p>\n<p>For the long term, Fitch expects a strong recovery in exports to support the currency in 2022, but balanced by the risk of a potentially more hawkish US Fed if above-2% target inflation persists.</p>\n<p>Fitch Solutions identified as a key risk the possibility of a COVID-19 variant that can bypass existing vaccines, which could force Singapore to implement further lockdowns.</p>","source":"lsy1618986048053","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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}\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSGD to weaken to $1.35/USD amidst COVID-19 woes: Fitch\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-31 12:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://sbr.com.sg/economy/in-focus/sgd-weaken-135usd-amidst-covid-19-woes-fitch><strong>Singapore Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore dollar (SGD) is expected to weaken to $1.35 versus the US dollar (USD) for 2021, according to Fitch Solutions, to weaken further to $1.36 in 2022.\nThis is a downgrade from its previous ...</p>\n\n<a href=\"https://sbr.com.sg/economy/in-focus/sgd-weaken-135usd-amidst-covid-19-woes-fitch\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://sbr.com.sg/economy/in-focus/sgd-weaken-135usd-amidst-covid-19-woes-fitch","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167653033","content_text":"The Singapore dollar (SGD) is expected to weaken to $1.35 versus the US dollar (USD) for 2021, according to Fitch Solutions, to weaken further to $1.36 in 2022.\nThis is a downgrade from its previous forecast of $1.33 against the greenback for 2021 and $1.32 in 2022.\n“The SGD has weakened in line with most other Asian currencies after the Fed’s hawkish surprise on June 16, and will likely trade in a weaker range between $1.35 per USD and $1.38 per USD for the remainder of 2021 and likely in 2022 as well,” Fitch said.\nThis is due to the risk-off sentiment sparked by the resurgence of COVID-19 infections across Asia, including the key economies of Indonesia, Malaysia, and Thailand.\nThe SGD also breached the key support level of $1.35 per USD on 8 July and has weakened since. The last time Singapore breached this level was in July 2018, during the initial phases of the US-China trade war.\n“However, any weakness in the SGD should be capped by the economy being in a much more resilient position than other Asian markets, due to the fast progress in vaccinating the population,” it added. “This puts Singapore in a much more resilient position compared to most other Asian economies and the SGD could benefit from some degree of safe-haven flows from elsewhere in the region as the year progresses, limiting prospects for further depreciation beyond our identified trading range.”\nFor the long term, Fitch expects a strong recovery in exports to support the currency in 2022, but balanced by the risk of a potentially more hawkish US Fed if above-2% target inflation persists.\nFitch Solutions identified as a key risk the possibility of a COVID-19 variant that can bypass existing vaccines, which could force Singapore to implement further lockdowns.","news_type":1},"isVote":1,"tweetType":1,"viewCount":157,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":806406816,"gmtCreate":1627686679535,"gmtModify":1703494563021,"author":{"id":"4089866722725690","authorId":"4089866722725690","name":"PDurai","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/806406816","repostId":"1161272388","repostType":4,"isVote":1,"tweetType":1,"viewCount":191,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":806581475,"gmtCreate":1627673724997,"gmtModify":1703494476402,"author":{"id":"4089866722725690","authorId":"4089866722725690","name":"PDurai","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/806581475","repostId":"2155137344","repostType":4,"isVote":1,"tweetType":1,"viewCount":105,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803697069,"gmtCreate":1627434943451,"gmtModify":1703489853622,"author":{"id":"4089866722725690","authorId":"4089866722725690","name":"PDurai","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Very good...","listText":"Very good...","text":"Very good...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/803697069","repostId":"2154691065","repostType":4,"isVote":1,"tweetType":1,"viewCount":155,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":804547578,"gmtCreate":1627968046794,"gmtModify":1703498804431,"author":{"id":"4089866722725690","authorId":"4089866722725690","name":"PDurai","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/804547578","repostId":"1122728626","repostType":4,"isVote":1,"tweetType":1,"viewCount":57,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":892984966,"gmtCreate":1628634378455,"gmtModify":1676529800556,"author":{"id":"4089866722725690","authorId":"4089866722725690","name":"PDurai","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/892984966","repostId":"2158772124","repostType":4,"repost":{"id":"2158772124","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1628608500,"share":"https://www.laohu8.com/m/news/2158772124?lang=&edition=full","pubTime":"2021-08-10 23:15","market":"us","language":"en","title":"Boeing delivers 28 airplanes in July; 787s still halted","url":"https://stock-news.laohu8.com/highlight/detail?id=2158772124","media":"Reuters","summary":"SEATTLE, Aug 10 (Reuters) - Boeing Co said on Tuesday it handed over 28 airplanes to buyers in July ","content":"<p>SEATTLE, Aug 10 (Reuters) - Boeing Co said on Tuesday it handed over 28 airplanes to buyers in July as revived domestic travel fuels 737 MAX deliveries, but the U.S. planemaker's 787 remained in inventory for a fourth month due to defects.</p>\n<p>The closely watched monthly orders and deliveries snapshot comes as Boeing bids to recoup billions of dollars in lost sales from the coronavirus pandemic, and move beyond the safety scandal caused by two fatal 737 MAX crashes.</p>\n<p>Of the aircraft Boeing delivered to airlines and other buyers in July, 22 were 737 MAX single-aisle jets, <a href=\"https://laohu8.com/S/AONE.U\">one</a> was a P-8 maritime patrol aircraft for the U.S. Navy, and the remaining five were widebodies. The widebodies included one KC-46 tanker to the U.S. Air Force and four freighters.</p>\n<p>As well as aiming to raise 737 MAX deliveries, Boeing is also dealing with structural defects of its bigger, more profitable 787 planes, deliveries of which have been halted twice since 2020. Boeing has been forced to cut production, though it has on occasion handed over the jet to buyers.</p>\n<p>The Federal Aviation Administration (FAA) confirmed on July 12 that some undelivered Boeing 787s have a new manufacturing quality issue the planemaker will need fix before the planes will be delivered. A source told Reuters that it may be at least several more weeks before the issue is resolved.</p>\n<p>Deliveries are financially important to planemakers because airlines pay most of the purchase price when they actually receive the aircraft.</p>\n<p>Boeing is eying a strong recovery in domestic travel in the United States and other markets, though international passenger travel remains depressed.</p>\n<p>It has delivered 154 737 MAX jets since that aircraft returned to service in November 2020 following a nearly two-year safety ban after the fatal crashes.</p>\n<p>Overall, Boeing delivered 184 jetliners for the year through July, according to the latest data made available by the planemaker.</p>\n<p>Boeing said it received orders in July for 31 aircraft, including 19 of its 737 MAX jets, and 12 of its larger widebodies.</p>\n<p>However, airlines in July cancelled orders for 17 jets, including 15 MAXs and two 787s. For the first half of the year, Boeing also removed 11 of its 787s from its backlog after applying stricter accounting standards to previously booked orders.</p>\n<p>Factoring in cancelled orders, instances where a buyer converted to another jet model and accounting adjustments, Boeing's order tally for July stood at 14 – the sixth straight month of positive net orders for Boeing.</p>\n<p>Overall, Boeing's total backlog decreased by 14 jets to 4,141 aircraft in July, from 4,155 at the end of June, it said.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Boeing delivers 28 airplanes in July; 787s still halted</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBoeing delivers 28 airplanes in July; 787s still halted\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-08-10 23:15</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SEATTLE, Aug 10 (Reuters) - Boeing Co said on Tuesday it handed over 28 airplanes to buyers in July as revived domestic travel fuels 737 MAX deliveries, but the U.S. planemaker's 787 remained in inventory for a fourth month due to defects.</p>\n<p>The closely watched monthly orders and deliveries snapshot comes as Boeing bids to recoup billions of dollars in lost sales from the coronavirus pandemic, and move beyond the safety scandal caused by two fatal 737 MAX crashes.</p>\n<p>Of the aircraft Boeing delivered to airlines and other buyers in July, 22 were 737 MAX single-aisle jets, <a href=\"https://laohu8.com/S/AONE.U\">one</a> was a P-8 maritime patrol aircraft for the U.S. Navy, and the remaining five were widebodies. The widebodies included one KC-46 tanker to the U.S. Air Force and four freighters.</p>\n<p>As well as aiming to raise 737 MAX deliveries, Boeing is also dealing with structural defects of its bigger, more profitable 787 planes, deliveries of which have been halted twice since 2020. Boeing has been forced to cut production, though it has on occasion handed over the jet to buyers.</p>\n<p>The Federal Aviation Administration (FAA) confirmed on July 12 that some undelivered Boeing 787s have a new manufacturing quality issue the planemaker will need fix before the planes will be delivered. A source told Reuters that it may be at least several more weeks before the issue is resolved.</p>\n<p>Deliveries are financially important to planemakers because airlines pay most of the purchase price when they actually receive the aircraft.</p>\n<p>Boeing is eying a strong recovery in domestic travel in the United States and other markets, though international passenger travel remains depressed.</p>\n<p>It has delivered 154 737 MAX jets since that aircraft returned to service in November 2020 following a nearly two-year safety ban after the fatal crashes.</p>\n<p>Overall, Boeing delivered 184 jetliners for the year through July, according to the latest data made available by the planemaker.</p>\n<p>Boeing said it received orders in July for 31 aircraft, including 19 of its 737 MAX jets, and 12 of its larger widebodies.</p>\n<p>However, airlines in July cancelled orders for 17 jets, including 15 MAXs and two 787s. For the first half of the year, Boeing also removed 11 of its 787s from its backlog after applying stricter accounting standards to previously booked orders.</p>\n<p>Factoring in cancelled orders, instances where a buyer converted to another jet model and accounting adjustments, Boeing's order tally for July stood at 14 – the sixth straight month of positive net orders for Boeing.</p>\n<p>Overall, Boeing's total backlog decreased by 14 jets to 4,141 aircraft in July, from 4,155 at the end of June, it said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BA":"波音"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158772124","content_text":"SEATTLE, Aug 10 (Reuters) - Boeing Co said on Tuesday it handed over 28 airplanes to buyers in July as revived domestic travel fuels 737 MAX deliveries, but the U.S. planemaker's 787 remained in inventory for a fourth month due to defects.\nThe closely watched monthly orders and deliveries snapshot comes as Boeing bids to recoup billions of dollars in lost sales from the coronavirus pandemic, and move beyond the safety scandal caused by two fatal 737 MAX crashes.\nOf the aircraft Boeing delivered to airlines and other buyers in July, 22 were 737 MAX single-aisle jets, one was a P-8 maritime patrol aircraft for the U.S. Navy, and the remaining five were widebodies. The widebodies included one KC-46 tanker to the U.S. Air Force and four freighters.\nAs well as aiming to raise 737 MAX deliveries, Boeing is also dealing with structural defects of its bigger, more profitable 787 planes, deliveries of which have been halted twice since 2020. Boeing has been forced to cut production, though it has on occasion handed over the jet to buyers.\nThe Federal Aviation Administration (FAA) confirmed on July 12 that some undelivered Boeing 787s have a new manufacturing quality issue the planemaker will need fix before the planes will be delivered. A source told Reuters that it may be at least several more weeks before the issue is resolved.\nDeliveries are financially important to planemakers because airlines pay most of the purchase price when they actually receive the aircraft.\nBoeing is eying a strong recovery in domestic travel in the United States and other markets, though international passenger travel remains depressed.\nIt has delivered 154 737 MAX jets since that aircraft returned to service in November 2020 following a nearly two-year safety ban after the fatal crashes.\nOverall, Boeing delivered 184 jetliners for the year through July, according to the latest data made available by the planemaker.\nBoeing said it received orders in July for 31 aircraft, including 19 of its 737 MAX jets, and 12 of its larger widebodies.\nHowever, airlines in July cancelled orders for 17 jets, including 15 MAXs and two 787s. For the first half of the year, Boeing also removed 11 of its 787s from its backlog after applying stricter accounting standards to previously booked orders.\nFactoring in cancelled orders, instances where a buyer converted to another jet model and accounting adjustments, Boeing's order tally for July stood at 14 – the sixth straight month of positive net orders for Boeing.\nOverall, Boeing's total backlog decreased by 14 jets to 4,141 aircraft in July, from 4,155 at the end of June, it said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":159,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890614160,"gmtCreate":1628112641850,"gmtModify":1703501285218,"author":{"id":"4089866722725690","authorId":"4089866722725690","name":"PDurai","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/890614160","repostId":"1187165636","repostType":4,"isVote":1,"tweetType":1,"viewCount":187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802125506,"gmtCreate":1627737484405,"gmtModify":1703495357947,"author":{"id":"4089866722725690","authorId":"4089866722725690","name":"PDurai","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Bad 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good...","listText":"Very good...","text":"Very good...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/803697069","repostId":"2154691065","repostType":4,"repost":{"id":"2154691065","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1627423500,"share":"https://www.laohu8.com/m/news/2154691065?lang=&edition=full","pubTime":"2021-07-28 06:05","market":"hk","language":"en","title":"Apple profit nearly doubles as iPhone sales boom, but company projects growth slowdown","url":"https://stock-news.laohu8.com/highlight/detail?id=2154691065","media":"Dow Jones","summary":"Supply constraints and foreign exchange expected to drive lower growth rate in September quarter. Apple Inc. just posted its strongest June quarter ever, with a near doubling of profits and a huge revenue beat for its iPhone business, though shares slipped in the extended session after the company projected slower growth for the current period.Apple's $$ revenue for the quarter rose to $81.43 billion from $59.69 billion, while analysts had been anticipating $73.34 billion. The biggest positive s","content":"<font class=\"NormalMinus1\" face=\"Arial\"> <p> MW Apple profit nearly doubles as iPhone sales boom, but company projects growth slowdown </p> <p> By Emily Bary </p> <p> Supply constraints and foreign exchange expected to drive lower growth rate in September quarter </p> <p> Apple Inc. just posted its strongest June quarter ever, with a near doubling of profits and a huge revenue beat for its iPhone business, though shares slipped in the extended session after the company projected slower growth for the current period. </p> <p> The company posted fiscal third-quarter net income of $21.74 billion, or $1.30 a share, up from $11.25 billion, or 65 cents a share, a year earlier. Analysts tracked by FactSet were expecting earnings per share of $1.01. </p> <p> Apple's <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> revenue for the quarter rose to $81.43 billion from $59.69 billion, while analysts had been anticipating $73.34 billion. The biggest positive surprise came in the iPhone segment, which exceeded revenue expectations by more than $5 billion. </p> <p> The smartphone giant delivered $39.57 billion in iPhone revenue, up from $26.42 billion a year prior and far ahead of the FactSet consensus, which called for $34.19 billion. </p> <p> Once again, Apple declined to provide a numerical revenue forecast for the current period but offered \"directional insights.\" </p> <p> Apple expects \"very strong double-digit\" year-over-year revenue growth in the September quarter, though with a growth rate not as high as the 36% seen in the June quarter, according to Chief Financial Officer Luca Maestri. The company anticipates a less favorable impact from foreign exchange, a return to \"more typical\" growth for the services business, and a greater impact from supply constraints relative to the June quarter. </p> <p> Though the company was able to limit the impact of supply constraints in the June quarter such that the impact was slightly below the low end of the $3 billion to $4 billion that executives had originally projected, Apple expects a higher number in the September quarter, with impacts mainly to the iPhone and iPad businesses. </p> <p> Chief Executive Tim Cook noted that Apple \"is paying more for freight costs than I would like to pay,\" though component costs are falling in aggregate. </p> <p> Shares were off 2.2% in after-hours trading. </p> <p> The company had been seeing strong performances from its iPad and Mac businesses amid the pandemic as the remote-work boom fueled demand for those devices, and Apple posted growth once again in the June period. Apple generated $8.24 billion in Mac revenue for the quarter, up from $7.08 billion a year prior, as well as $7.37 billion in iPad revenue, up from $6.59 billion a year ago. Analysts were projecting $7.86 billion and $7.17 billion, respectively. </p> <p> Apple saw revenue for its services unit climb to $17.49 billion from $13.16 billion a year ago, above estimates for $16.26 billion. The services revenue total was an all-time record. </p> <p> The company posted $8.78 billion in revenue from its wearables, home and accessories segment. That compares with $6.45 billion a year prior and the $7.83 billion FactSet consensus. </p> <p> Shares of Apple have gained just over 10% so far this year as the Dow Jones Industrial Average , of which Apple is a component, has risen upwards of 14%. </p> <p> -Emily Bary; 415-439-6400; AskNewswires@dowjones.com </p> <pre>\n \n</pre> <p> <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires </p> <p> July 27, 2021 18:05 ET (22:05 GMT) </p> <p> Copyright (c) 2021 Dow Jones &amp; Company, Inc. </p> </font>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple profit nearly doubles as iPhone sales boom, but company projects growth slowdown</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple profit nearly doubles as iPhone sales boom, but company projects growth slowdown\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-07-28 06:05</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\"> <p> MW Apple profit nearly doubles as iPhone sales boom, but company projects growth slowdown </p> <p> By Emily Bary </p> <p> Supply constraints and foreign exchange expected to drive lower growth rate in September quarter </p> <p> Apple Inc. just posted its strongest June quarter ever, with a near doubling of profits and a huge revenue beat for its iPhone business, though shares slipped in the extended session after the company projected slower growth for the current period. </p> <p> The company posted fiscal third-quarter net income of $21.74 billion, or $1.30 a share, up from $11.25 billion, or 65 cents a share, a year earlier. Analysts tracked by FactSet were expecting earnings per share of $1.01. </p> <p> Apple's <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> revenue for the quarter rose to $81.43 billion from $59.69 billion, while analysts had been anticipating $73.34 billion. The biggest positive surprise came in the iPhone segment, which exceeded revenue expectations by more than $5 billion. </p> <p> The smartphone giant delivered $39.57 billion in iPhone revenue, up from $26.42 billion a year prior and far ahead of the FactSet consensus, which called for $34.19 billion. </p> <p> Once again, Apple declined to provide a numerical revenue forecast for the current period but offered \"directional insights.\" </p> <p> Apple expects \"very strong double-digit\" year-over-year revenue growth in the September quarter, though with a growth rate not as high as the 36% seen in the June quarter, according to Chief Financial Officer Luca Maestri. The company anticipates a less favorable impact from foreign exchange, a return to \"more typical\" growth for the services business, and a greater impact from supply constraints relative to the June quarter. </p> <p> Though the company was able to limit the impact of supply constraints in the June quarter such that the impact was slightly below the low end of the $3 billion to $4 billion that executives had originally projected, Apple expects a higher number in the September quarter, with impacts mainly to the iPhone and iPad businesses. </p> <p> Chief Executive Tim Cook noted that Apple \"is paying more for freight costs than I would like to pay,\" though component costs are falling in aggregate. </p> <p> Shares were off 2.2% in after-hours trading. </p> <p> The company had been seeing strong performances from its iPad and Mac businesses amid the pandemic as the remote-work boom fueled demand for those devices, and Apple posted growth once again in the June period. Apple generated $8.24 billion in Mac revenue for the quarter, up from $7.08 billion a year prior, as well as $7.37 billion in iPad revenue, up from $6.59 billion a year ago. Analysts were projecting $7.86 billion and $7.17 billion, respectively. </p> <p> Apple saw revenue for its services unit climb to $17.49 billion from $13.16 billion a year ago, above estimates for $16.26 billion. The services revenue total was an all-time record. </p> <p> The company posted $8.78 billion in revenue from its wearables, home and accessories segment. That compares with $6.45 billion a year prior and the $7.83 billion FactSet consensus. </p> <p> Shares of Apple have gained just over 10% so far this year as the Dow Jones Industrial Average , of which Apple is a component, has risen upwards of 14%. </p> <p> -Emily Bary; 415-439-6400; AskNewswires@dowjones.com </p> <pre>\n \n</pre> <p> <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires </p> <p> July 27, 2021 18:05 ET (22:05 GMT) </p> <p> Copyright (c) 2021 Dow Jones &amp; Company, Inc. </p> </font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154691065","content_text":"MW Apple profit nearly doubles as iPhone sales boom, but company projects growth slowdown   By Emily Bary   Supply constraints and foreign exchange expected to drive lower growth rate in September quarter   Apple Inc. just posted its strongest June quarter ever, with a near doubling of profits and a huge revenue beat for its iPhone business, though shares slipped in the extended session after the company projected slower growth for the current period.   The company posted fiscal third-quarter net income of $21.74 billion, or $1.30 a share, up from $11.25 billion, or 65 cents a share, a year earlier. Analysts tracked by FactSet were expecting earnings per share of $1.01.   Apple's $(AAPL)$ revenue for the quarter rose to $81.43 billion from $59.69 billion, while analysts had been anticipating $73.34 billion. The biggest positive surprise came in the iPhone segment, which exceeded revenue expectations by more than $5 billion.   The smartphone giant delivered $39.57 billion in iPhone revenue, up from $26.42 billion a year prior and far ahead of the FactSet consensus, which called for $34.19 billion.   Once again, Apple declined to provide a numerical revenue forecast for the current period but offered \"directional insights.\"   Apple expects \"very strong double-digit\" year-over-year revenue growth in the September quarter, though with a growth rate not as high as the 36% seen in the June quarter, according to Chief Financial Officer Luca Maestri. The company anticipates a less favorable impact from foreign exchange, a return to \"more typical\" growth for the services business, and a greater impact from supply constraints relative to the June quarter.   Though the company was able to limit the impact of supply constraints in the June quarter such that the impact was slightly below the low end of the $3 billion to $4 billion that executives had originally projected, Apple expects a higher number in the September quarter, with impacts mainly to the iPhone and iPad businesses.   Chief Executive Tim Cook noted that Apple \"is paying more for freight costs than I would like to pay,\" though component costs are falling in aggregate.   Shares were off 2.2% in after-hours trading.   The company had been seeing strong performances from its iPad and Mac businesses amid the pandemic as the remote-work boom fueled demand for those devices, and Apple posted growth once again in the June period. Apple generated $8.24 billion in Mac revenue for the quarter, up from $7.08 billion a year prior, as well as $7.37 billion in iPad revenue, up from $6.59 billion a year ago. Analysts were projecting $7.86 billion and $7.17 billion, respectively.   Apple saw revenue for its services unit climb to $17.49 billion from $13.16 billion a year ago, above estimates for $16.26 billion. The services revenue total was an all-time record.   The company posted $8.78 billion in revenue from its wearables, home and accessories segment. That compares with $6.45 billion a year prior and the $7.83 billion FactSet consensus.   Shares of Apple have gained just over 10% so far this year as the Dow Jones Industrial Average , of which Apple is a component, has risen upwards of 14%.   -Emily Bary; 415-439-6400; AskNewswires@dowjones.com  \n \n  $(END)$ Dow Jones Newswires   July 27, 2021 18:05 ET (22:05 GMT)   Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":155,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}