Apple is set to kick off its 50th year with what’s expected to be a nearly $140 billion quarter. Bloomberg News‘ Mark Gurman discusses with Caroline Hyde on “Bloomberg Tech.”
Apple’s executives are projecting a stellar holiday quarter, fueled by robust demand for its flagship iPhone 17 lineup and expanding services ecosystem.
Apple’s Christmas shopping season playbook emphasizes experiential retail events and targeted promotions, positioning the company to capture some 30% of global smartphone market share. As Cyber Monday draws near, Wall Street consensus tilts toward “Buy” on Apple.
MacDailyNews Take: Apple could bring in revenue close to $140 billion for the Christmas quarter (Q126), shattering the all-time quarterly record of $124.3 billion set in Q125. For perspective, Pfizer’s current market value is $140 billion.
Please help support MacDailyNews — and enjoy subscriber-only articles, comments, chat, and more — by subscribing to our Substack: macdailynews.substack.com. Thank you!
Support MacDailyNews at no extra cost to you by using this link to shop at Amazon.
The on going Republican initiated government shutdown is continuing to impact more than 40 million Americans who won’t receive any pay checks between now and Christmas. This may have an impact on the lower end of Apples customer base. It will definitely impact Android owners who tend to be lower income households.
FTR “A government shutdown is the fault of the President. “
DJT 2013