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Stockreport

Apple: pay attention to emerging markets, not falling China sales [TechCrunch]

Apple Inc. (AAPL)  More Company Research Source: TechCrunch
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
“When we start looking at places like India, like Saudi, like Mexico, Turkey, Brazil…and Indonesia, the numbers are getting large, and we're very happy because these are markets where our market share is [currenttly] low,” Maestri said Thursday during Apple's second-quarter earnings call. Revenue declined to $16.37 billion in China during the second quarter “The populations are large and growing, and our products are really making a lot of progress within those markets,” continued Maestri. “The level of excitement for the brand is very high.” One thing Maestri said there is verifiable: the populations in emerging markets are, in fact, large and growing. But Apple's growth in those regions isn't as rosy a picture as the executive attempted to paint, according to available data. Net sales in the Americas — which would include places like Brazil and Mexico — were down slightly year-over-year from $37.8 billion to $37.3 billion, according to Apple's Q2 2024 report . Sales in the [Read more]
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Stockreport

Apple: pay attention to emerging markets, not falling China sales [TechCrunch]

Apple Inc.  (AAPL) 
More Company Research Source: TechCrunch
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
“When we start looking at places like India, like Saudi, like Mexico, Turkey, Brazil…and Indonesia, the numbers are getting large, and we're very happy because these are markets where our market share is [currenttly] low,” Maestri said Thursday during Apple's second-quarter earnings call. Revenue declined to $16.37 billion in China during the second quarter “The populations are large and growing, and our products are really making a lot of progress within those markets,” continued Maestri. “The level of excitement for the brand is very high.” One thing Maestri said there is verifiable: the populations in emerging markets are, in fact, large and growing. But Apple's growth in those regions isn't as rosy a picture as the executive attempted to paint, according to available data. Net sales in the Americas — which would include places like Brazil and Mexico — were down slightly year-over-year from $37.8 billion to $37.3 billion, according to Apple's Q2 2024 report . Sales in the [Read more]
IMPACT SNAPSHOT
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AAPL
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
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%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS