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Apple App Store net rev declined -5% Y/Y in the month of Sept, its worst decline ever
Posted on 10/4/22 at 2:19 am
Posted on 10/4/22 at 2:19 am
quote:
$AAPL: According to $MS - App Store net rev declined -5% Y/Y in the month of Sept, the worst decline in the history of the data - China weakness & Japan/US growth slowed. Sept Q Services looks to be -8% vs 11% consensus.
LINK
5
Posted on 10/4/22 at 5:17 am to rickgrimes
People spend money on apps? Lol
Posted on 10/4/22 at 6:52 am to rickgrimes
AAPL has held up better than most tech/growth stocks, but it is very expensive now, by comparison.
It’s still priced above its 5yr average on a forward earnings basis, which seems crazy in this market.
It’s still priced above its 5yr average on a forward earnings basis, which seems crazy in this market.
Posted on 10/4/22 at 8:25 am to rickgrimes
They sell Apple puts too you know?
Posted on 10/4/22 at 10:14 am to rickgrimes
quote:
Services looks to be -8% vs 11% consensus.
If that's true, stock is gonna crater after earnings.
Posted on 10/4/22 at 4:34 pm to rickgrimes
Welp, gonna be pain for me tomorrow 
ETA - just noticed this was an old Tweet or from earlier
ETA - just noticed this was an old Tweet or from earlier
This post was edited on 10/4/22 at 4:41 pm
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