To The Moon

Click to vote. Guess how will $Apple(AAPL)$ close Friday 4/8 following their earnings?? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers. $Apple(AAPL)$ is scheduled to release its fiscal third-quarter earnings report on Aug. 3, after the close of trading. $Apple(AAPL)$ Q3 2023 earnings call will be held on 4 August 2023 at approximately at 5:00 SGT. To set a reminder, please click here 🔙 Latest Results Sales of Apple Inc.’s iPhone rebounded in the fiscal second quarter, helping the world’s most valuable company top earnings estimates and weather an industrywide downturn that has battered much of its product lineup. Overall revenue amounted to $94.8 billion, exceeding the $92.6 billion analysts predicted. The results suggest that Apple is beginning to recover from a slump that’s plagued both the computer and smartphone industries. Apple’s sales in China — a weak spot for other tech companies — also came in a bit better than expected. 💡What to Watch for in Meta’s Q2 Earnings iPhone sales: iPhone is still the most important business at Apple. The firm was concerned about currency and macroeconomic headwinds in the June quarter, which may weigh on revenue, so we’ll be interested in the picture for demand in the near term. Global smartphones sell-through declined 8% YoY in Q2 2023.Counterpoint estimates that Apple’s sales slid 2% in the most recent quarter, but its market share rose to 17% because of continuing growth in demand for phones selling at $600 or more, recording its highest-ever Q2 market share. Services revenue: Apple expected macroeconomic headwinds to weigh on digital advertising and gaming, but it’s possible the global economy was better than feared in recent months, so the company might be in good shape here. More importantly, we’ll want to see ongoing traction in paid subscriptions, as we like to see Apple users subscribe to more and more services, keeping them tied to the iOS ecosystem. Artificial intelligence: Most tech companies are touting their AI efforts/opportunities or being pressed by investors on how AI will affect their businesses. AI is embedded within Apple’s products, such as Siri and predictive text. It’s unlikely that Apple will mention any new AI models on its earnings call. Still, we may hear more about the company’s investments to support AI, large language models, or its data centers in general. For more information about Apple Earnings Preview, please click Apple Earnings Preview: Sales Likely to Be In Line; Macs May Surprise 💰Event Details Click to vote. Guess where $Apple(AAPL)$ will move following their earnings? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers. For example, If 10 Tigers get the right answer, each will receive 100 Tiger Coins. If 100 Tigers get the right answer, each will receive 10 Tiger Coins. Reply and forward this post, share your insights about apple's financial reports, and you will have the chance to win Tiger gifts . Make a post on the TOPIC page >> ⏰Event Duration The deadline for this event is 21:00 on 4 August 2023 🔥Don't forget to follow@Tiger_Earnings, Tiger's official account for providing key information during earnings season📖📖📖 📖For a beginner's guide to financial statements, click here