RT @ACTIVE_conf: Patrick McGee (@PatrickMcGee_ , author of Apple in China) will be joining ACTIVE: The Apple Investor Conference to discuss….

RT @prabinjoel: Boom 🚀! Micromobility CEO's panel doesn’t get better than this 😉. There’s a backstory to this one 👇. If you were at Micromo….

What's the purpose of the firm? Some say to make a profit. Some say it's to create jobs. Some say to create shareholder value. They're wrong of course. It's to create customers. Everything else follows. #ACTIVE

RT @WWIC_live: Join us today, Friday, 2 May 2025 at 2pm for a discussion about Apple’s 2Q2025 performance with Horace Dediu and Philip Elm….

No evidence of pull-forward demand in the March quarter. Channel inventory remains similar historically.

I’m shocked they provided guidance. It was as vanilla as it gets.

Paid subscriptions on Services increased double digits. #Active users increased to an all-time high.

iPhone users grew double digits. #ACTIVE.

Installed base grew across all products and regions to an all-time high. #ACTIVE.

EPS was a March quarter record. All-time services revenue record. Record sales in Finland. Torille!.

Conference call has started. I will try to live comment as possible.

$AAPL shares are down 2.61% in AH (before conf call). This is as positive a response to a beat as could be expected. Remember the rule: Good News: shares drop. Bad News: Shares drop. No news: Shares rise.

$AAPL Revenue growth by category:.iPhone: 2%.Mac: 7%.iPad: 15%.Services: 12%.Wearables: -5%.Net sales: 5%.EPS: 7.7%. A pretty solid quarter. I think the currency tailwind was not as large or occurred later than I had estimated.

Apple’s board of directors has declared a cash dividend of $0.26 per share of the Company’s common stock, an increase of 4 percent. The board of directors has also authorized an additional program to repurchase up to $100 billion of the Company’s common stock.

Apple reported earnings per share (EPS) $1.64 on revenue of $95.4 billion. Wall Street was anticipating EPS of $1.62 and revenue of $94.2 billion. My estimates, alas, were too high ($1.75 and $97b).

Amazon saw earnings per share (EPS) of $1.59 on revenue of $155.7 billion. Wall Street was anticipating EPS of $1.36 and revenue of $155.1 billion.

A few P/E ratios in anticipation of Apple earnings:.Meta: 22.37.Microsoft: 34.28.Google (Alphabet): 18.17.Netflix: 53.67.Amazon: 34.39 (pre-earnings, shares down 4% AH).Apple: 33.91 (pre-earnings).Tesla: 160.3.

RT @WWIC_live: Looking forward to discussing Apple Intelligence from a business perspective its impact on $AAPL with @BenBajarin and Horac….

It seems very likely to me that Apple will stop providing guidance on revenues and thus other metrics given the uncertainty in trading environment. Having said that, the US is a minority of the overall business and visibility in the rest of the world is likely to be fairly stable.

My revenue expectation is $97 billion. This is greater than the average of independent analysts ($96.16b) and Professional analysEstimizege ($94.56b) as complied on PED3.0. My EPS expectation is $1.75 is also higher than "Wall Street" estimate of $1.63 or Estimize $1.66.