Towards Apple Reports – Global Markets

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Will publish the financial results of the fourth quarter of 2020 after the close of trading. The company’s shares are trading at an all-time high – $ 144, valued at $ 2.42 trillion. In recent weeks, investors’ expectations regarding the company’s results have moderated, which is good news because even if there is a small surprise, the reports will be considered good. The market expects to see an increase in iPhone sales, especially after the launch of the iPhone 12 in the last quarter. Consensus analysts forecast revenue of $ 102.8 billion and earnings of $ 1.4 per share.

Bottle sales are also expected to be high. Like other electronic equipment companies, the long-term closures and work from home are expected to increase personal computer sales. Add to that an increase in iPad sales and regular services that the company provides and here is the potential for a particularly profitable report.

Apple has refrained from providing forecasts or hints regarding the upcoming report. On the one hand, a decision that only increases the tension towards the report, on the other hand as mentioned – in recent weeks, analysts have focused their forecast range on the company so that Apple can more easily reach the top range of forecasts, though – the forecast books are not low.

One way or another, Apple’s results in impressive growth – revenue and earnings are expected to be 505 times higher than the company’s results in the first quarter of 2020 – Corona’s difficult quarter. This is an impressive recovery, with analysts expecting continued growth in 2021. Earnings are expected to be $ 4.37 per share – up 10% from last year on sales of $ 334 billion, compared to $ 319 billion. It’s growth, but the truth is – not who knows what.

What is expected in the last quarter of 2020?
The company expects revenue to increase from the iPhone sales by 6.4% to $ 59.6 billion, with double-digit growth in all other categories. IPad sales are expected to generate revenue of $ 7.4 billion, up 23.4% from the same quarter last year; Mac sales totaled $ 8.6 billion, an increase of 20.4%. Other than that the expectation is that the company will present a high revenue expectation for the current year.

The analyst Sanker clot, Which holds an Outperform rating recommendation for the company, an income contract of $ 104.5 billion and earnings of $ 1.46 per share. Analysts estimate that Apple sold 77 million iPhones in the quarter, up 7% from last year. The analyst of Morgan Stanley, Katie Huberti It, too, ranks Apple at an over-yield and a target price of $ 152, compared to $ 144. She writes that her tests show that the company will show positive results in all the mentioned categories (sales of iPhones, computers, iPads and services) mainly in light of the adoption of the 5G infrastructure.

The most successful launch
“Our recent talks with the company indicate that investors expect Apple to release good but not great results in the December quarter. We disagree and believe that Apple may report record revenue and quarterly earnings,” Huberti says. Its quarterly revenue is $ 108.2 billion, well above the consensus. The projected earnings for her are $ 1.5 per share.

Huberti believes the launch of the iPhone 12 has been Apple’s most successful launch in the last five years. It expects shipments of 78 million iPhones at an average price of $ 825 that will provide 14% revenue growth to $ 63.9 billion – twice the projected growth rate in the market.

This is a really big year for Apple
“This is a really big year for Apple,” wrote Loop Capital analyst, Ananda sees, While raising the target price to $ 155 compared to $ 131. Broa wrote in a review that he is really looking forward to Apple’s upcoming report – “The report may present a significant reversal towards the continuation of the current year, which will prevent an increase in sales of both iPhones and computers,” says Broa, who estimates growth in Apple Watch, iPods and services.