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March Quarter Outlook

All articles tagged with #march quarter outlook

business-technology1 year ago

"Analyzing Apple's Q1 Earnings: iPhone Sales, China Performance, and Investor Expectations"

Apple is set to report its first fiscal quarter results, with investor focus on the outlook for iPhone sales and revenue growth. Analyst estimates predict a 2.8% increase in iPhone sales and a 12.3% growth in services revenue, but a decline in iPad and Wearables, Home and Accessories sales. Concerns about iPhone growth in China and the company's generative artificial intelligence strategy are also on investors' minds. Analysts anticipate a beat in December quarter results, but predict a decline in March quarter guidance. Despite this, there is optimism about the growth in services and the potential in "edge" AI devices.