Apple Triumphs In Earnings, Struggles With Growth: Is Vision Pro The Answer Or A Pricey Gamble?
Portfolio Pulse from Ananya Gairola
Apple Inc. reported Q4 results that exceeded estimates but faced questions about future growth. The company's sales are expected to be flat or possibly decline again, with no new iPad released this year and minor updates to other products. Apple has increased prices for services like Apple TV+, Arcade, and News+, but this may not be enough to boost revenues. The company's ambitious projects, Apple Car and Vision Pro, are still in development, with the latter expected to launch in 2024. However, the high price tag of $3,500 may limit its appeal.
November 06, 2023 | 10:37 am
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Apple's Q4 results exceeded estimates but the company faces challenges in achieving future growth. The lack of new products and the high price of the upcoming Vision Pro could limit its appeal.
Apple's Q4 results were positive, but the company's future growth is uncertain due to a lack of new products and the high price of the upcoming Vision Pro. This could negatively impact the company's stock price in the short term.
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