Apple CFO Said Expect YoY Revenue Performance For Both iPad And Wearables And Accessories To Decelerate Significantly Vs September Quarter Due To A Different Timing Of Product Launches -Conf Call
Portfolio Pulse from Charles Gross
Apple's CFO has announced that the year-on-year revenue performance for both iPad and Wearables and Accessories is expected to decelerate significantly compared to the September quarter. This is due to a different timing of product launches.
November 02, 2023 | 9:38 pm
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Apple's revenue from iPad and Wearables and Accessories is expected to decelerate significantly YoY due to different product launch timings.
The announcement by Apple's CFO about the expected significant deceleration in revenue for iPad and Wearables and Accessories is a direct indication of a potential negative impact on Apple's financial performance. This could lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100