2019-02-09 08:33:00 Sat ET
technology antitrust competition bilateral trade free trade fair trade trade agreement trade surplus trade deficit multilateralism neoliberalism world trade organization regulation public utility current account compliance
Apple provides positive forward guidance on both revenue and profit forecasts for iPhones, iPads, and MacBooks. In the Christmas 2018 festive season, MacBook revenue grows 9%; iPad sales climb 17%; and wearable devices from Apple Watch to AirPods surge by an impressive 50% growth margin. In 2019Q1, Apple reports the first holiday-quarter revenue decline since 2001 primarily because the pricey iconic iPhone X handsets experience a 15% decline in global sales. As Apple CEO Tim Cook delivers the non-iPhone revenue results to spark a 4% relief rally in the tech stock market, Apple regains the grand title of the most valuable company well beyond Microsoft, Amazon, and Google.
With respect to media services, Apple points to the substantial increase in Apple Pay and Apple Music worldwide usage. The next number of service subscriptions is likely to top half a billion by 2020 (up from 360 million in 2018Q4). Apple conducts several M&A deals such as the music recognition app Shazam and the digital news provider Texture with the key ambition of quadrupling revenue from media services by 2022. Without specifying techy details in Apple media services, Cook suggests that Apple expects to expand its original video content business in the foreseeable future.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2018-12-07 11:35:00 Friday ET
Fed Chair Jerome Powell hints slower interest rate increases because the current rate is just below the neutral threshold. NYSE and NASDAQ share prices rebo
2023-10-19 08:26:00 Thursday ET
World politics, economics, and new ideas from the Psychology of Money written by Morgan Housel We would like to provide both economic and non-economic th
2019-10-09 16:46:00 Wednesday ET
IMF chief economist Gita Gopinath indicates that competitive currency devaluation may be an ineffective solution to improving export prospects. In the form
2022-04-05 17:39:00 Tuesday ET
Corporate diversification theory and evidence A recent strand of corporate diversification literature spans at least three generations. The first generat
2019-08-10 21:44:00 Saturday ET
McKinsey Global Institute analyzes 315 U.S. cities and 3,000 counties in terms of how tech automation affects their workers in the next 5 to 10 years. This
2018-04-02 07:33:00 Monday ET
China President Xi JinPing tries to ease trade tension between America and China in his presidential address at the annual Boao forum. In his vulnerable att