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Will Apple's earnings suck?
Wall Street is pessimistic, but Cupertino could surprise.
Apple will report its latest quarterly financial results this afternoon, and Wall Street is expecting a drop in revenue compared to the same quarter last year.
If Wall Street is right, it’ll be Apple’s third successive decline in the June quarter. That sounds bad, but it’s largely because Apple had a ginormous, blockbuster quarter two years ago as work-from-home customers snapped up MacBooks and iPads for working remotely.
That trend’s cooled off, but Apple could yet pull a surprise.
Some Wall Street analysts are seeing continued strong demand for the iPhone 14, despite a new model that will be rolled out just a few weeks from now.
Whatever happens, check the Cult of Mac website for info on Apple’s Q3 2023 earnings, which will be announced after the stock market closes today. We’ll have all the details, plus tidbits from Tim Cook and Co.’s earnings call afterward with Wall Street analysts, which often reveals interesting details about Apple’s business.
Also in today’s newsletter:
Energiza Pro is the battery-management software Apple should have built into macOS. It’ll protect your MacBook battery for years.
We reviewed a hefty new battery pack and find it perfect for digital nomads.
This is a great lifetime deal on 20TB of online storage for less than $100; I’m tempted to get this myself.
Here’s why you should avoid season 3 of the popular Apple TV+ show Physical.
Check out the video in the first tweet o’ the day below: It’s an amazingly creative video about a computer setup. You won’t regret it.
— Leander Kahney, EIC.
A message from the Cult of Mac Deals team
A message from appgineers
Tweetz o’ the day
this is one of the best desk setup videos I’ve ever ever seen 🤯 by Quek Shio vm.tiktok.com/ZGJbVGE6K/
— Tom Warren (@tomwarren)
10:52 AM • Aug 2, 2023
Woahhhhh @HilliTech it worked.
Yea this is me using my iPad Pro as a screen for my Nintendo switch…
Audio even comes out of the iPad. This is sickkkk
I’m about to lose so much productivity time lol
— Fernando Silva (@nandoprince93)
8:04 PM • Aug 2, 2023
Apple Music needs to work on music videos, concerts and live performances.
YouTube is the king of video in the music space.
Would like to see Apple be the king.
— Nikias Molina (@NikiasMolina)
11:17 AM • Aug 3, 2023
I will be EXTREMELY disappointed if visionOS still puts dots in the password field when signing into things.
You’re literally the only one seeing it, so why would you not show the password as you’re typing???
— ُ (@TailosiveTech)
10:31 PM • Aug 2, 2023
One more thing ...
The sixties produced an anarchic mindset that is great for imagining a world not yet in existence.
Today’s poll
Do you own any Apple stock? |
Results from yesterday’s poll: Do you use Apple CarPlay?
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