| MICAH LAMAR
Apple’s Third Consecutive Down Quarter — But It’s The Future That Matters
So Apple is expected to report a third consecutive quarter of declining revenue this Thursday. It's not the best news, but let's not jump to conclusions just yet.
Here's the thing: while it's easy to get caught up in the past performance, what's really important is what's coming next.
A Morgan Stanley analyst put it well earlier this month when they said the focus should be on Apple's forecast for the September quarter.
Why does this matter so much? Well, it's all about the future.
Apple, like any other company, has had its fair share of challenges recently. There's been a global chip shortage and increased competition, which have certainly made things tough.
But if anything, Apple has a history of navigating through tough times, and this forecast could give us a glimpse into their game plan.
The upcoming forecast could tell us a lot about how Apple plans to tackle these challenges. Are they planning to launch new products? Are they changing their strategy? This forecast could provide some answers.
Remember, Apple isn't just about iPhones and Macs. They have a diverse range of products and services that could help them bounce back. So, while the past few months have been challenging, it's too early to count them out.
And remember: Even amidst the challenges, Apple has been making some serious waves. Let's not forget that this is the same company that recently made history by becoming the first to surpass a market cap of 3 trillion dollars.
That’s historic. End of sentence.
It's a mind-boggling number that speaks volumes about the sheer scale and influence of Apple in the global market.
This milestone didn't just happen by chance. It's a testament to Apple's innovative spirit, its strong product portfolio, and its ability to consistently deliver products that consumers love.
Even in a sales downturn, the company's value has continued to grow, demonstrating the confidence investors have in Apple's long-term prospects.
In short, while Apple's recent performance might seem concerning, it's their future plans that we should be keeping an eye on. It's a good reminder that in the tech world, being able to adapt and innovate is crucial.
So, let's wait and see what Apple's forecast has in store for us. And remember, this is a company that knows how to navigate through challenges and come out on top.
In the meantime, you might want to check out my Perfect Apple Trader. It’s a strategy I’ve developed from studying Apple stock for over a decade.
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— Micah Lamar | | | | |
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