Apple Earnings Preview: What To Know About Greater China

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Apple Earnings Preview: What To Know About Greater China

The Street2021-07-23

Less than a week away from Apple’s earnings day, the Apple Maven addresses Greater China. Could the region outperform once again, after a solid start to fiscal 2021? Apple’s (AAPL) earnings day lurks...

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Chanelyap
·2021-07-27
Good
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4
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bernardtayet
·2021-07-27
Good prospect
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Yangli
·2021-07-27
Good stuff
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1
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TheHaq
·2021-07-27
Good week ahead
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2
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Alex1709
·2021-07-27
Nice…
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3
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Fionfion82
·2021-07-27
Like
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- hpt:
  Like
  2021-07-27
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Eaglewings
·2021-07-27
Accumulate and dollar cost average
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3
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Mhong
·2021-07-27
Like and comment
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6
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- sugizoi4u:
  Done
  2021-07-27
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Ei_888
·2021-07-27
Ok
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4
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GuSen
·2021-07-27
Slow and steady wins the race!
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4
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siruszh
·2021-07-27
Yesss
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4
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小虎一飞冲天
·2021-07-27
Like pls. Thanks. ??
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3
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MT2
·2021-07-27
Possible to have a big drop? Wait for a good price to buy in more
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5
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- 小虎一飞冲天:
  ??
  2021-07-27
  Reply
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BokWoon
·2021-07-27
[Thinking]
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3
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DragonKC
·2021-07-27
Apple stock slow moving . Big news or small news don't matter.
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Cherry16
·2021-07-27
Cool
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J0E
·2021-07-27
Please like and comment, thanks!
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- J0E:
  Thanks!
  2021-07-27
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- J0E:
  Thanks!
  2021-07-27
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- Huathk:
  Gd
  2021-07-27
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小陈赢钱
·2021-07-27
Pls like and comment
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- J0E:
  Done. Please reply and like in return too
  2021-07-27
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lowzihong02
·2021-07-27
like n comment for same[Cool] [Cool] [Cool] [Cool] [Cool] [Cool] [Cool]
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- kenong62:
  done
  2021-07-27
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ParrySKLow
·2021-07-27
Nice
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- skylander:
  like
  2021-07-27
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Could the region outperform once again, after a solid start to fiscal 2021?\n\nApple’s (AAPL) earnings day lurks...</p>\n\n<a href=\"https://www.thestreet.com/apple/news/apple-earnings-preview-what-to-know-about-greater-china\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AAPL","symbol_name":"苹果","start_time":0,"source_url":"https://www.thestreet.com/apple/news/apple-earnings-preview-what-to-know-about-greater-china","article_id":"1113956090","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1113956090","pubTimestamp":1627031092,"sourceInfo":{"source_id":"lsy1610613172068","name":"The Street"},"weMediaInfo":null,"summary":"Less than a week away from Apple’s earnings day, the Apple Maven addresses Greater China. Could the ","collect":0,"end_time":0,"defaultTopTitle":"thestreet.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AAPL":"苹果"},"translate_title":"苹果收益预览：了解大中华区","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AAPL":0.9},"content_text":"Less than a week away from Apple’s earnings day, the Apple Maven addresses Greater China. Could the region outperform once again, after a solid start to fiscal 2021?\n\nApple’s (AAPL) earnings day lurks around the corner. Ahead of it, the Apple Maven wraps up its preview series talking about Greater China – an important piece of the company’s business that has been going through ups and downs in the past few years. Will the region shine again in fiscal Q3?\nAs a reminder, we have addressed the following earnings-related topics so far:\n\nWall Street’s expectations for revenues and earnings,refreshed as of July 21;\nTheexpected performance of the iPhonein the quarter;\nHowthe iPad could be the star of the showthis time;\nConcerns arounddeceleration in Mac revenue growth;\nWhathistory says about trading AAPLaround earnings day.\n\nSome background first\nOnce upon a time, Greater China wasone of Apple’s key growth opporunitiesthat seemed to be materializing quickly. In 2015, one-fourth of the Cupertino company’s revenues came from the region, fueled by the popularity of the brand and a thriving upper-middle class.\nBut since then, sales have been unwinding. Political tension between China and the US probably did not help, as Apple found itself stuck in the middle of a power struggle that fueled the trade war between the two countries in 2018.\nThe better news for AAPL investors is that its Greater China business showed signs of strength in the past couple of quarters. Probably aided by the launch of the 5G-capable iPhone 12, segment revenues skyrocketed in the first two quarters of fiscal 2021 – see below.\nIn fiscal second period, Greater China sales represented 20% of total company revenues for the first time since the comparable quarter in 2018.\n\nGood news, bad news\nIn fiscal Q3, Apple has the benefit of facing modest comps in Greater China.The comparable quarter in 2020saw revenues increase less than 2% (the worst of Apple’s geographic segments by far), despite the region having started to recover from the pandemic earlier than Western countries.\nPart of the problem was increased competition from the likes of Huawei, which doubled down on its China strategy amid softness elsewhere around the globe. This time, during a year of recovery from COVID-19, the competitive pressures could be better distributed around the globe.\nThe bad news is that Apple’s momentum in China may have fazed quite a bit. The country’s economy has been “flashinghints of weakness” in the past weeks, dragged by declining consumer sentiment in the face of new COVID-19 cases.\nPaulo Santos at Seeking Alphanotesthat the challenges seem to have manifested in iPhone sales in China. According to him, shipments probably disappointed in April and June, leading to a total quarter drop in unit sales of between 1% and 5%.\nShould softness in iPhone sales in China be confirmed, and should similar weakness be observed in other product categories, Wall Street’s revenue growth estimate of over 20% in fiscal third quarter might be at risk of being a bit too aggressive.\nTwitter speaks\nApple’s Greater China sales in the first two quarters of fiscal 2021 were outstanding! Can the Cupertino company deliver strong numbers in the region in fiscal Q3?\nIs the price right?\nLooking at a company’s business fundamentals is only half the work needed to find a good stock. How much one pays to own the shares is a key factor in the success of any investment. This is why valuation analysis is so 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and dollar cost average&nbsp;","listText":"Accumulate and dollar cost average&nbsp;","text":"Accumulate and dollar cost average","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/809832475","repostId":1113956090,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":809838936,"gmtCreate":1627356679325,"gmtModify":1703488290855,"author":{"id":"3578449123371823","authorId":"3578449123371823","name":"Mhong","avatar":"https://static.tigerbbs.com/f1110c90505cf18cc129130892c4dc2a","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like and comment","listText":"Like and comment","text":"Like and 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pls. Thanks. ??","listText":"Like pls. Thanks. ??","text":"Like pls. Thanks. ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/809146184","repostId":1113956090,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":809143665,"gmtCreate":1627354438857,"gmtModify":1703488231798,"author":{"id":"3576063871599903","authorId":"3576063871599903","name":"MT2","avatar":"https://static.tigerbbs.com/a4174df45339f61815455ce8da03c040","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Possible to have a big drop? Wait for a good price to buy in more&nbsp;","listText":"Possible to have a big drop? Wait for a good price to buy in more&nbsp;","text":"Possible to have a big drop? 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