#ipad unit sales

[macdailynews]

Why would Apple make an iPad mini 5 now?

Why would Apple make an iPad mini 5 now?

”The venerable iPad mini 4 still has its fans, despite its now somewhat odd position in the iPad line-up: more expensive than the 9.7-inch iPad, yet smaller and significantly less capable,” Ben Lovejoy writes for 9to5Mac. “Smaller can be a benefit as well as a drawback, of course. Some prefer the portability of the mini, and many parents like them as devices for younger kids, as they are easier…

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[macdailynews]

Will Apple beat their guidance?

Will Apple beat their guidance?

[cfsp key=”getamac.jpg”]”Apple was very conservative in its projection for the holiday quarter, so it is likely to make the guidance and has the possibility of exceeding quarterly guidance of higher end models has partially offset the lower volume,” Edward Ambrose writes for Seeking Alpha. “This performance should lead to a recovery in the depressed stock price. It is a strong buy.”

“A survey by…

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[macdailynews]

The last time Apple's stock price fell this much, shares rallied 75 percent in 12 months

The last time Apple’s stock price fell this much, shares rallied 75 percent in 12 months

[cfsp key=”getamac.jpg”]”When Apple was last this far from its highs, it had a massive surge over the next year,” Keris Lahiff reports for CNBC. “In May 2016, the stock had fallen 33 percent from 52-week highs. Over the following 12 months, it rallied 75 percent. Apple begins this week exactly as far from its record peak hit in October: 33 percent.”

“Craig Johnson, chief market technician at…

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[macdailynews]

Apple's reporting changes strive to shift the focus to the company's massive profits

Apple’s reporting changes strive to shift the focus to the company’s massive profits

”Last month, Apple CFO Luca Maestri told investors the company will no longer report hardware unit sales going forward,” Adam Levy writes for The Motley Fool. “This may have been a long time coming for Apple. Management has been pushing investors to focus on its growing services business, which generated over $37 billion in revenue for the company last year. That makes it the company’s…

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[macdailynews]

Needham analyst supports Apple’s decision to stop providing unit sales data for iPhone, iPad and Mac

Needham analyst supports Apple’s decision to stop providing unit sales data for iPhone, iPad and Mac

”Maybe it’s not so bad that Apple stops regularly reporting iPhone, iPad and Mac unit sales data—if the company replaces it with something better,” David Marino-Nachison reports for Barron’s. “Needham analyst Laura Martin suggested that Thursday as she cut her price target on the tech giant’s shares to $200, below FactSet’s roughly $219 average, from $260. (She still has a Buy rating on the…

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[macdailynews]

Morgan Stanley: Apple's services will grow to over $100 billion per year in 2023

Morgan Stanley: Apple’s services will grow to over $100 billion per year in 2023

[cfsp key=”getamac.jpg”]”Katy Huberty from Morgan Stanley has taken a deep-dive into Apple’s services market segment, and has taken a close look at the factors that will make Apple’s once-overlooked aspect of its business a major factor for investors to consider now, and in the future,” Mike Wuerthele reports for AppleInsider.

“Huberty says that Apple’s course to growth in a contracting hardware…

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[macdailynews]

Apple is transitioning from product company to service giant

Apple is transitioning from product company to service giant

[cfsp key=”getamac.jpg”]”An accounting decision by [Apple’s] management this past quarter indicates where the company is heading,” Vishesh Raisinghani writes for Seeking Alpha. “Apple plans to halt publishing unit sales figures and average selling prices for iPhones, Macs and its other product lines. In other words, everything physical will be lumped together.”

“I think it’s reasonable for…

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[macdailynews]

Apple wants to keep its secret formula secret

Apple wants to keep its secret formula secret

[cfsp key=”getamac.jpg”]”Most comment on Apple’s decision to stop reporting its unit sales figures has focused on the negative signal — the possible future decrease in year on year sales of Apple products,” Abhi Ramchandani writes in a letter to Financial Times. “However, it is essential to examine the more nuanced, positive signal: Apple trying to keep its secret formula secret.”

“Classical…

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