Apple Slides After Warning Suppliers iPhone 13 Demand Slowing
https://www.zerohedge.com/technology/ap ... nd-slowing
Many analysts on Wall Street are optimistic, predicting Apple will report year-over-year sales growth of 6.5%, and 12.5% better earnings that it reported a year ago.
"December data out of China" suggests as much as an 18% decline in iPhone unit sales in that month, for that market. Additionally, he points out that consumer spending in the U.S. declined 3.1% year-over-year in December, which could also imply some sales weakness for Apple in the final month of the quarter.
Services revenue growing only 8% for fiscal 2022.
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