My take on Apple's results for the last quarter! 🚀
Solid growth in demand for new iPhones offset gradual weakness in other business segments, confirming the durability of this tech giant. This is also evidenced by the revenue from iPhone sales, which reached $69.7 billionagainst an estimate 68.5 billion dollars. 💼
Adjusted earnings per share were $2.18, beating the company's estimate by $0.08. This is a nice result that reflects the company's strong performance. 💹
Revenues reached an impressive amount 119.6 billion dollarswhich beat estimates by 1.3 billion dollars underscoring Apple's strong market position . 🌐
In the last quarter ,Apple repurchased shares totaling 20.5 billion dollars.
Although investors were expecting even more, the results continue to be very positive, especially in the context of competition and market changes. 📈
Some worrying reports on sales in China point to slowing demand for iPhones due to increasing competition from local companies. Earnings in China have been $20.8 billion, below estimates 23.5 billion dollars. This is also a very important signal to watch. 🌏
Worth noting is the start of headset sales Apple Vision Pro, I've been watching some videos, and what you can do with this product is literally unreal!
How have you liked the performance of this tech giant?