Apple to beat Q4 2021 consensus, supply issues 'overblown,' analyst says

Apple to beat Q4 2021 consensus, supply issues 'overblown,' analyst says

AppleInsider

Published

Apple is likely to outperform expectations when it reports earnings for its fourth quarter of 2021, but the actual call with investors is unlikely to be a catalyst, Morgan Stanley says.

Credit: Andrew O'Hara, AppleInsider
In a note to investors seen by AppleInsider, Morgan Stanley lead analyst Katy Huberty expects Apple to beat Wall Street consensus when it reports earnings on Oct. 28, driven mostly by robust iPhone demand and outperformance in its Services sector.

Read more...

Full Article