With the year almost nearing its end, analysts are eager to debate on the upcoming expected earning of Apple. However, Apple has already urged its investors not to expect a great deal when they will be announcing the figures from the third quarter earnings as it will surely face a decrease.
The analysts are also agreeing with the observation of Apple but there are two ways of accepting it. One group being certain about the decline have moved on and is looking forward to 2017 and the other group is still seeing hope that in 2016 only, the figure can get a boost and Apple will celebrate its success results.
The Dual Response
Unexpected appreciation and selling of the SE (iPhone), forced to reduce its price which can have an effect on Apple’s sales figure. The likes of Kate Huberty, BMO and Fargo believe that Apple’s sales could speed up this year only thereby giving it an increase in earnings. According to them, one small change in sales figure can reshape the amount of income. And this change can come within a week or two of 2016.
However, Stiffel and UBS agree to disagree with the above three in the matters of Apple’s Prospect. They see absolutely no hope for a better result this year but they assure that the sale will accelerate and in 2017 Apple will have a successful tale to tell. They are certain that 2017’s heavy shower will balance this year’s drought.
Analyst’s analysis say Apple not only manufactures devices but also controls several platforms and deals with paid subscribers which have resulted in the increasing service revenues of Apple. Apple Music, Apple Store, Apple Play etc. all have a base of devoted users. And so, the company can thrive in any diverse situation as it has a solid economic foundation to bank upon.