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2021-07-27

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Can Apple's Q3 Results Support The New Buoyancy In The Stock?

Apple, Inc.(NASDAQ:AAPL) is scheduled to report third-quarter results Tuesday after the market close

Can Apple's Q3 Results Support The New Buoyancy In The Stock?

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The results are key for the stock to continue the momentum it has recently shown.\nApple Q3 ...</p>\n\n<a href=\"https://www.benzinga.com/analyst-ratings/analyst-color/21/07/22154880/can-apples-q3-results-support-the-new-buoyancy-in-the-stock\">Web Link</a>\n\n</div>\n","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Can Apple's Q3 Results Support The New Buoyancy In The Stock?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCan Apple's Q3 Results Support The New Buoyancy In The Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 10:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/07/22154880/can-apples-q3-results-support-the-new-buoyancy-in-the-stock><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple, Inc.(NASDAQ:AAPL) is scheduled to report third-quarter results Tuesday after the market close. The results are key for the stock to continue the momentum it has recently shown.\nApple Q3 ...</p>\n\n<a href=\"https://www.benzinga.com/analyst-ratings/analyst-color/21/07/22154880/can-apples-q3-results-support-the-new-buoyancy-in-the-stock\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.benzinga.com/analyst-ratings/analyst-color/21/07/22154880/can-apples-q3-results-support-the-new-buoyancy-in-the-stock","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185984264","content_text":"Apple, Inc.(NASDAQ:AAPL) is scheduled to report third-quarter results Tuesday after the market close. The results are key for the stock to continue the momentum it has recently shown.\nApple Q3 Consensus Estimates:Analysts, on average, estimate Apple will report third-quarter earnings per share of $1 on revenue of $72.93 billion.\nThe Street estimates are conservative, Wedbush analyst Daniel Ives said in a note last week.\nThe analyst predicates his positive expectations on the iPhone strength seen during the quarter, with a particular uptick in demand out of China.\nFamed Apple analyst and Loup Funds managing partner Gene Munster pencils EPS of $1.04 and revenue of $73.3 million.\nIn the year-ago quarter, the company reported EPS of 64 cents and revenue of $59.69 billion. In theprevious quarter,the metrics were at $1.40 and $89.6 million, respectively.\nMunster Sees Accelerating iPhone Momentum:Apple's flagship iPhone is likely to benefit from early 5G adoption, an aging base of iPhones three years old or older and the positive impact from stimulus checks in the U.S., Munster said.\nHe expects 33% year-over-year growth in iPhone revenue to $35.2 billion vis-à-vis the consensus estimate of $34.2 billion.\nLast week, UBS analyst David Vogt raised his iPhone unit forecast from 42 million to 44 million and the ASP estimate by 2% to $825. In the U.S., the analyst sees aggressive promotions from U.S. carriers helping iPhone numbers. Upside to estimates is limited by macro supply chain issues and not demand, the analyst said.\nMac, iPad Bear Brunt Of Component Shortage:Mac and iPad revenue growth is likely to moderate from the frenetic pace seen in the March quarter, as component shortages serve as a drag. Munster expects Mac sales to rise 13% to $8 billion and iPad sales at $7.2 billion, a slowdown in growth from 79% in the March quarter to 9%.\nServices Growth Settles Around Mid-Teens:The Services segment, which accounts for roughly one-fifth of Apple's revenues, may have grown revenue by 18%, according to Munster.\nThis is a slowdown from the 27% growth witnessed in the March quarter.\n\"Long-term, we expect growth to remain around 15% consistently as Apple continues to layer on more Services, including recently announced Apple Fitness+ and its podcast marketplace,\" Munster wrote in a note.\nLooking Ahead:For the September quarter, analysts are modeling in EPS of $1.11 and revenues of $81.03 billion. Full-year EPS and revenues are estimated at $5.18 and $354.61 billion, respectively.\nUBS analyst Vogt models iPhone unit sales of 227 million for fiscal year 2021.\nMunster is of the view Apple will remain a growth story for the foreseeable future. Over the next two-plus years, the company will benefit from the digital transformation that is in play, 5G enthusiasm and growing anticipation of new business segments, he said.\nThe three biggest untapped markets, Munster said, are AR/MR, wellness, and the opportunity around autonomy with the Apple Car.\nApple shares will approach $200 over the next couple of years, he added.\nWedbush named Apple as its large cap tech name to play the 5G transformational cycle, with the one-two punch of its massive services business and iPhone product cycle translating into a $3-trillion market cap in 2022.\nApple Shares Wakes Up From 1H Slumber:Apple shares ended the first half of 2021 up merely 3.6% despite stellar fundamental performance. The company underperformed most of its FAANG peers.\nThe shares picked up momentum at the start of the July, and on July 15, hit an all-time intraday high of $150. After a minor pullback, the stock is closing in on its record high.\nApple shares gained 0.29% Monday, closing at $148.99.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":1194,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}