The chapter analyzes Apple's recent financial performance, highlighting their sales trends and strategies to drive growth. Discussions include revenue growth expectations, buyback initiatives, and product line performances, with a focus on services and iPhone sales. The episode also touches on market reactions, share price trends, and future growth projections for the company.
Apple shares jumped in late trading after the company posted stronger-than-expected sales last quarter and predicted a return to growth in the current period, sparking optimism that a slowdown is easing. The results came as a relief to investors, who have been waiting for the iPhone maker to pull out of a long slump.
Bloomberg TV and Radio hosts Carol Massar and Tim Stenovec speak with Bloomberg Intelligence Senior Technology Analyst Anurag Rana, Bloomberg News Chief Technology Correspondent Mark Gurman and Synovus Trust Senior Portfolio Manager Dan Morgan for analysis and reaction.
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