Analysts Dig Apple's 2Q Earnings - MOSK: 05.08.2023

Mac OS Ken

Ken Ray

Technology

4.7 • 996 Ratings

🗓️ 8 May 2023

⏱️ 16 minutes

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Summary

- Analysts Up on Apple Post 2Q Earnings - Buffett Sings Apple Praises at Berkshire Hathaway Annual Meeting - House Dems Ask NLRB to Investigate Anti-Union Allegations in Apple Retail - EU Threatens iPhone Ban Over Rumored MFi USB-C Plans - Apple Launches HomePod Line in Denmark - Beats and AirPods Firmware Updates Addressed a Bluetooth Security Issue - Apple Arcade Adds 20 New Titles - Ed Sheeran Kick of New Season of Apple Music Live This Wednesday - Apple TV+ Offers First Look and Premier Date for Idris Elba's "Hijack" - Sponsored by HelloFresh - America's #1 Meal Kit: Go to HelloFresh.com/mok16 and use code mok16 for 16 free meals plus free shipping! - Power what we do next for as little as $1 a month. Join the Mac OS Ken Test Kitchen at Patreon at Patreon.com/macosken - Send me an email: info@macosken.com or call (716)780-4080!

Transcript

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0:00.0	This is Mac OSKIN.
0:08.8	Analysts react to Apple earnings, a congressional call to investigate Apple, and tons of new titles in Apple Arcade.
0:17.9	It is Monday the 8th of May 2023.
0:21.4	I'm Ken Ray, this is news from Maco West Ken brought to you by yours truly and sponsored by
0:30.5	Hello Fresh America's's Number One Meal Kit.
0:35.0	Go to Hello Fresh.com slash M-O-K-16
0:40.0	and use code M-O-KOK16 for 16 free meals plus free shipping.
0:48.0	This show is also supported by people like you patrons through Patreon.
0:55.0	Find out more and add your support at patreon.
1:00.0	dot com slash Maco-West can
1:06.1	A number of Apple watching analysts seem to have been bold over by the Coopertino company's second quarter fiscal year 2023 earnings last week. The company set a
1:15.8	March quarter record for iPhone revenue and a best quarter ever record for
1:20.9	services. Those numbers were largely driven by better than expected
1:24.9	performance in emerging markets. And analysts have taken notice with many of
1:31.1	them raising their 12-month price targets on Apple shares in the wake
1:35.7	of last week's call.
1:37.9	Apple 3.0 ran down a number of such takes, including one from Goldman Sachs analyst Michael Eng, and another from Oppenheimer
1:46.1	analyst Martin Yang.
1:48.7	They both pointed to strength for iPhone, strength in emerging markets, and strengthen Apple services in their notes, with
1:55.9	Yang calling out all-time records in the App Store, Apple Music, I-Cloud, and Apple Pay.
2:04.0	Goldman's Aang has a buy rating on Apple's shares.
2:06.9	The Eptus price target on the shares from $200 to $209.
	...

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