Truth. Not meeting "investor's" expectations doesn't equate to struggling.Completely disagree. Their financials are very strong and show much less of an economic hit that their competitors. The most recent quarter reported does not reflect what you say, especially the "struggling" part. Please provide some detail that backs up what you are saying.
Their baseline for 2021 and 2022 seems to be $80 billion a quarter in sales, with one quarter jumping up to $120 billion. I understand that doesn't refelect costs, but we all know if Apple is making $80 billion in sales each quarter, that ought to be really darn good!
With Apple now taking orders for the M2 MacBook Pro, Mac Mini, and the HomePod I can see a jump in sales for 1st quarter 2023.
Though Windows PC fans aren't necessarily chunking their computers, I am seeing a lot of interest in picking up a Mac. My friend, who refuses to buy a new pc uses 6 year old computers for his home and it's pathetic. I shared with him the M2 processor release, and he is going to pick up a Mac Mini with M2 processor.
Yeah, sales are still strong with Apple and their base sales is $20 billion more a quarter than it was in 2020 and honestly, their prices have either been stable, or have reduced on various configurations. I priced a MacBook Pro with 96gb memory, and it was on par with last year's MacBook Pro with 64gb memory. But, based on the higher options now, there will be a lot of people like myself that will spend the extra money for the higher configurations which translates into stronger sales.
Apple's business model is SoC so what you buy is what you get and that's it. That encourages people to think twice before buying or buying with not enough memory and storage and then they have to turn around and buy a whole new machine.