Analyst expects Apple to have added 30 million more users to its 2 billion active installed user base appeared first on MacDailyNews. Analyst expects Apple to have added 30 million more users to its 2 billion active installed user base appeared first on MacDailyNews. Analyst expects Apple to have added 30 million more users to its 2 billion active installed user base appeared first on MacDailyNews. Analyst expects Apple to have added 30 million more users to its 2 billion active installed user base appeared first on MacDailyNews.
Apple will likely report a more than 4% drop in revenue, its second straight quarterly decline, after U.S. markets close on Thursday. iPhone demand and production are expected to have

Apple will likely report a more than 4% drop in revenue, its second straight quarterly decline, after U.S. markets close on Thursday. iPhone demand and production are expected to have recovered in China after the CCP’s draconian, now-abandoned “Zero COVID” disruptions last year which finally set Apple on a path to diversify production outside of authoritarian China in countries such as India and Vietnam.

Apple logo

:

“Apple is seeing moderate headwinds in its hardware businesses as iPhones face modest contraction in premium device demand and the iPad and Mac businesses could be weighed down by consumer and enterprise trends,” analysts at Cowen and Co said.

Apple investors, however, would be encouraged by a recovery in China, the company’s third-largest market.

“The reopening of China, both from the supply chain and the consumer demand standpoint, works in Apple’s favor,” said Tom Forte of D.A. Davidson, who expects iPhone sales there to rise.

A near 1% pullback in the dollar during the quarter is also a bright spot in what is typically a weak period following the holiday shopping season, analysts said.

“For Apple, it is much more about a user growth story than a unit growth story,” said KeyBanc Capital Markets analyst Brandon Nispel, who believes efforts to grow market share in developing economies such as India and Brazil will be crucial.

He expects Apple to have added 30 million users to its active installed user base – the number of active Apple devices in the world. That figure stood at 2 billion as of end December.

MacDailyNews Take: 30 million is more than three times the total population of Seoul, South Korea, home of iPhone knockoff peddler Samsung. 🤣

MacDailyNews Note: As always, we’ll have Apple’s results on May 4th right around 1:30 p.m. PT / 4:30 p.m. ET. followed by live notes from Apple’s conference call beginning at 2:00 p.m. PT / 5:00 p.m. ET.

Please help support MacDailyNews. Click or tap here to support our independent tech blog. Thank you!

Support MacDailyNews at no extra cost to you by using this link to shop at Amazon.

The post Analyst expects Apple to have added 30 million more users to its 2 billion active installed user base appeared first on MacDailyNews.

original link


You may also be interested in this

iPhone 17: Everything we …

Macworld It doesn’t take long for iPhone rumors to circulate. It’s one of the most iconic and influential tech gadgets of all time, and everyone wants to know what’s coming

Apple faces EU warning to…

The European Union is preparing to warn Apple to open up its iPhone’s operating system to competing technologies. Under the bloc’s Digital Markets Act, Apple faces the risk of substantial

Ivory for Mastodon gets u…

Ivory has become one of the most popular Mastodon clients for iPhone and iPad users, as it is designed by the same developers as Tweetbot. Now the app has been

Apple no longer sells Int…

After a very long wait, Apple finally announced a new version of the Mac Pro powered by the M2 Ultra chip. As a result, the transition to Apple Silicon is

Apple’s latest iOS,…

On Thursday, Apple's updates to all of its operating systems included some new features — but more importantly, a severe security flaw that was actively being exploited was stopped in

Hinge is planning its own…

As part of his appearance on the Decoder podcast, Hinge co-founder and CEO Justin McLeod says that the company would like to introduce an alternative payment service by the end

Hit the road with Mophie’…

The Zagg subsidiary unveiled two MagSafe-enabled mounts for safely using iPhone 12 or newer hands-free in the car. (via Cult of Mac - Tech and culture through an Apple lens)

Daily Deals: Save $300 on…

Saturday's top deals include 10% off Parallels Desktop 18 for Mac, 61% off a Klipsch Reference Cinema System, and $20 off a Lego Vespa.Get 25% off a 32-inch Samsung 4K
X

A whimsical homage to the days in black and white, celebrating the magic of Mac OS. Dress up your blog with retro, chunky-grade pixellated graphics to evoke some serious computer nostalgia. Supports a custom menu, custom header image, custom background, two footer widget areas, and a full-width page template. I updated Stuart Brown's 2011 masterpiece to meet the needs of the times, made it responsive , got dark mode, custom search widget and more.You can download it from tigaman.com, where you can also find more useful code snippets and plugins to get even more out of wordpress.