Apple Triumphs In Earnings, Struggles With Growth: Is Vision Pro The Answer Or A Pricey Gamble?

Grand News Network | November 6, 2023

On Thursday last week, Apple Inc. (NASDAQ:AAPL) reported its fourth-quarter results that exceeded estimates. However, while analysts predicted that Cupertino’s sales would increase by 5% in the December quarter, Apple quashed those, leading to the question of what product will help the company restore its revenue growth, as it is doubtful that it will be Vision Pro

What Happened: In the latest installment of his weekly “Power On” newsletter, Mark Gurman highlighted the key issues that have grappled Apple with sluggish growth. 

The Bloomberg columnist said that while Wall Street believed that the Tim Cook-led company would have a strong holiday quarter, Apple, during the conference call, said that it would be “similar to last year.”

This simply means the revenue will be “roughly flat or possibly even decline again.” 

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