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Apple (AAPL) Delivers Another Impressive Quarter

Apple (AAPL) Delivers Another Impressive Quarter
insidermonkey.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insidermonkey.com Daily Mail and Mail on Sunday newspapers.

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Apple says global chip shortage to affect iPhone; growth forecast slows

Apple says global chip shortage to affect iPhone; growth forecast slows
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

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Apple Reports Massive iPhone Sales Increase but Warns on Chip Supply

Apple Reports Massive iPhone Sales Increase but Warns on Chip Supply
28 Jul 2021
Apple reported extremely strong third-quarter earnings this week beating analyst expectations, but despite strong results, the company’s stock price fell after executives warned that chip supply constraints could impact iPhones and iPads this quarter.
CNBC reports that Apple reported strong third-quarter earnings this week, beating Wall Street expectations. Apple’s major product lines grew over 12 percent on an annual basis while the company’s overall sales were up 36 percent from June last year. iPhone sales increased nearly 50 percent on an annual basis.
However, despite these promising numbers Apple’s stock was down over 2 percent in extended trading after the company warned on an earnings call that growth in the September quarter would not be as strong as the recently reported numbers. ....

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Tech giants' record quarter gives way to growth skepticism

Jul 29, 2021
Three of the world’s largest companies Apple Inc., Microsoft Corp. and Alphabet Inc. reported about $57 billion in combined profit in a record-busting quarter, riding a resurgence in consumer and business spending.
Yet markets responded coolly. In part, investors were skeptical that these companies can continue to post double-digit growth for quarters to come.
The world’s largest tech companies have gotten larger at a torrid rate. Their market valuations have skyrocketed this year as world economies rebounded from pandemic lows with both Apple and Microsoft topping $2 trillion in market value adding pressure to keep up the pace. All the companies were bullish about their prospects, but investor optimism was tempered by signs that the momentum of the past year may be ebbing. ....

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Despite CPU Shortages, Apple's Growth Streak In All Product Categories Continues

Despite CPU Shortages, Apple’s Growth Streak In All Product Categories Continues
‘Apple is a growth engine for us,’ says one solution provider executive, who reports seeing higher demand from businesses for Apple’s Mac, iPhone and iPad product lines.
By
Kyle Alspach July 28, 2021, 05:43 PM EDT
At solution provider powerhouse Stratix, Apple products from the iPhone to the iPad to the Mac have all been finding higher interest recently among business customers ultimately driving growth in demand for the company’s suite of Apple-related services.
The Apple reseller and authorized service provider offers what it calls its SmartMobile Services for Apple, which cover everything from planning, proof-of-concept testing and deployment of Apple devices to support of the devices after deployment, said Tony Glinski, director of Apple business at Peachtree Corners, Ga.-based Stratix. ....

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