[Earnings Season] Apple's revenue pops 11%

Despite the pandemic and supply challenges, $Apple(AAPL)$reported the largest single quarter reveneue. Here are some key statistics:

Revenue: $123.95 billion/$119.05 billion expected

Earnings per Share: $2.10/$1.90 expected

iPhone: $71.6 billion/$67.7 billion expected

Mac: $10.8 billion/$9.5 billion expected

Wearables: $14.7 billion/$14.1 billion expected

Services: $19.5 billion/$18.6 billion expected

iPad: $7.2 billion/$8.1 billion expected

Gross Margin: 43.8%/41.7% estimated


With that, Apple beats analysts estimates for sales in every product category other than iPads. Apple's share price has a high chance of rising over the next few weeks, despite the pandemic, inflation or supply issues.

A historic first time quarter could mean that Apple's share price may increase to over $200. Big technological caps like Apple and Microsoft have responded to challenges and delivered. It would be insane to not buy a slice of this company, one of the greatest company in American history. Hence, a good time to buy would be now. Load up, lads.

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  • JuniorMaoz
    ·2022-02-03
    Thanks for the explanation which supports my own thoughts that it would try 200 to 250 range facing  resistance. Coming fall would determine upside or downside  with new hardwares and services.
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  • ThaiGirl
    ·2022-02-03
    Buy carton of Apples for vitamin A?
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  • claratan
    ·2022-02-04
    WOw
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  • GggSlimeR
    ·2022-02-04
    Nice. Do not like my comment
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  • Jaewor
    ·2022-02-01
    👍🏻
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  • Jeff_Roar
    ·2022-01-30
    good
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