Bevételek: Apple (Angol hír)

Today another US tech giant - Apple will report its quarterly figures. What results do analysts expect and what should we pay attention to?

EPS expectations: $1.43 per share versus $1.40 in Q1 2021

Revenue expectations: $94 billion vs. $89 billion in Q1 2021 

• Apple has recently struggled to meet the still strong demand for its own products due to ongoing supply chain disruptions. Investors will certainly be looking for signs whether this problem abates;

• According to Apple CEO Tim Cook, in Q4 2021, supply problems cost the company more than $6 billion in lost potential profit;

• At the same time, Apple executives, including CFO Luca Maestri, expect the supply chain's impact on revenue growth to be waning and are optimistic about the future. Apple also expects its gross margin to rise as high as 43.5%;

• Investors awaiting the report will also be paying close attention to whether the company's jump in revenue growth last year is likely to be repeated in the coming quarters; the outlook and perspective provided by Apple for the next part of the fiscal year may prove to be crucial;

• Analysts unanimously expect revenue and earnings per share to grow at the slowest pace in nearly 1.5 years. Apple's Q4 2021 report was successful, with the company reporting nearly $124 billion in revenue at the time, compared to $111.4 billion in the same period of 2020 (boosted by sales of the new iPhone model);

• Analysts, just as in the case of the recently published results of Alphabet, Microsoft or Meta Platforms, expect a slowdown in the company's revenue growth compared to the record 2021. Apple's 2021 valuation growth of more than 17% easily topped the S&P500 return of only 2.5%;

• Wall Street expects service revenue growth (AppStore, Apple Music, AppleTV, ApplePay, AppleCard, and cloud computing services) to increase twice as fast as the overall revenue pace which could make an increasing contribution to the company's performance in the future thanks to its high-margin ad serving and subscription business. 

• Apple has been aiming to increase its services revenue since 2015, reducing its reliance on the performance of hardware sales, which have recently been plagued by supply chain issues which reduced production capacity.

Apple (AAPL.US), D1 interval. The company's shares have been in an uptrend since the beginning of 2021. Despite recent correction, the price managed to stay around the upward trendline and major support at $156 which coincides with 38.2 Fibonacci retracement of the last upward wave. However should break lower occur, downward correction may deepen towards lows from mid-March and support zone around $142, where 61.8 Fibonacci retracement and demand price reactions from early 2021 are located. On the other hand, if today;s e=results surprise on the upside, then upward move mar resume. Fist target for buyers is located around $167 and coincides with 23.6 Fibonacci retracement. Source: xStation5