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Technology Stocks : Apple Inc.
AAPL 273.67+0.5%Dec 19 9:30 AM EST
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To: Zen Dollar Round who wrote (212738)2/1/2024 6:17:50 PM
From: NAG1  Read Replies (1) of 213177
 
ZDR,

If you look at this years 13 weeks vs 14 weeks last year in the quarter, among some of the difficult compares Maestri, talked about, this was a nice quarter. The stock was down about 1.5% but went down an additional 1.5 to 2% when Maestri talked about revenue projections for the next quarter which will be flat when you take out the catch up numbers last year from the Chinese factory shutdowns.

So they had nice growth this quarter and continue to get new customers, especially in emerging markets. I am not sure I understood what TC was talking about in terms of his take on the Chinese markets but did take away that he was good with how things will be in China.

TC did mention that they will be talking about AI later this year and also seemed to be saying that enterprise was really looking hard at the AVP and that they were doing some nice development there. So overall a little bit of a mixed bag but nothing really bad at this point.
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