PLAY PODCASTS
Instant Reaction: Apple Delivers Upbeat Forecast

Instant Reaction: Apple Delivers Upbeat Forecast

Bloomberg Intelligence

January 29, 202618m 28s

Audio is streamed directly from the publisher (podtrac.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.

Show Notes

Apple delivered record quarterly sales and a better-than-anticipated forecast for the current period, even as the company warned that rising component costs are threatening to squeeze margins.

Revenue will rise 13% to 16% in the second quarter, which runs through March, the company said Thursday during a conference call with analysts. That exceeded the 10% projected by Wall Street — showing that Apple can maintain momentum after an iPhone-fueled sales surge in the December quarter.

For instant reaction and analysis, Bloomberg Businessweek Daily cohosts Carol and Tim speak with:

  • Bloomberg News Managing Editor for Global Consumer Tech Mark Gurman
  • Bloomberg Tech Co-Host Ed Ludlow

See omnystudio.com/listener for privacy information.