Apple earnings are Next Week. What to see.
When it reports financial results for its fiscal fourth quarter next Thursday, the most important question will be whether the company is seeing signs of stress from the weakening consumer economy. Sales of personal computers have plummeted in recent quarters due to a sudden spike in demand in the era of a dwindling pandemic. Chip companies like
Advanced Microphone Device
among others, there are cut their forecast to reply PC’s Decline.
But there are other factors to Apple’s outlook (code: AAPL). For one thing, Recent data from market research firm IDC showed a spike in Mac shipments this quarter, as Covid-related supply chain restrictions in China were eased. The other key to this quarter will be the early on-demand readout for the new iPhone 14 series, introduced in September.