Bloomberg Daybreak: US Edition Bloomberg Bonus Episode: Apple and Intel Earnings
Jan 30, 2025
Angelo Zino, a Senior Equity Analyst at CFRA Research, and Caroline Hyde, a co-host at Bloomberg Technology, dive into the latest earnings reports from Intel and Apple. They discuss Intel's struggles amid leadership changes and competition from NVIDIA, highlighting cautious spending in AI. The analysis shifts to Apple, where disappointing iPhone sales clash with a record in service revenue. They also tackle the need for new growth strategies and the looming challenges in the market, particularly concerning competitive pressures and succession planning.
AI Snips
Chapters
Transcript
Episode notes
Apple's Challenges
- Apple faces headwinds from China's rollout and AI features.
- The company will report despite these challenges.
Intel Q4 and Q1 Outlook
- Intel's Q4 earnings were okay, meeting expectations.
- Q1 guidance is lighter but not disastrous.
Intel's Core Business
- Intel's core business is under attack, with competition from ARM and hyperscalers.
- They need a CEO to provide direction and address these challenges.