HomeTechHardwareRoss Gerber On The Future Of Apple (AAPL) After Earnings

Ross Gerber On The Future Of Apple (AAPL) After Earnings

Apple’s (AAPL) Vision Pro will drive gains in the future, notes Ross Gerber. He discusses AAPL as its earnings were just released. AAPL’s 4Q adjusted EPS came in at $1.46 versus an estimated $1.39 and revenue came in at $89.50B versus an estimated $89.03B. Apple CEO Tim Cook said that the iPhone 15 Pro and 15 Pro Max models are supply constrained, and they expect iPhone 15 supply-demand balance to be fixed this quarter. Gerber discusses how service is a great business for AAPL, along with its many products. He compares the interest in Tesla’s (TSLA) Cybertruck to AAPL’s Vision Pro. He also highlights that technology has a natural upgrade cycle, so he doesn’t think people are going to go out of their way to get a slightly better chip. Tune in to find out more about the stock market today.

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02 Nov 2023

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