Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock._老虎社区_美港股上老虎

Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.

Barrons2021-04-28

Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off. The buzz around Apple last year was off the charts, even for...

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KaiHsien
·2021-04-29
Nice
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Kelvinphan
·2021-04-29
Like & comment
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Jstan
·2021-04-29
Like and comment pls
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- Kelvinphan:
  Done ... pls help response back
  2021-04-29
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BigMac8885
·2021-04-29
Go apple go ! Pls help like and comment :)
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hwhw123
·2021-04-29
Phenomenal!
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1
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ChickenRice
·2021-04-29
Apple is also my favourite fruit 🍏
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siewming
·2021-04-29
Apple really need to think how to diversified their business into different area as there is no 100% they can only keep on depend on their phone business to growth bigger
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DavidKoh
·2021-04-29
Apple best. Please like and comment.
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- IvanAung:
  Ok
  2021-04-29
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- elite:
  good
  2021-04-29
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- Jstan:
  good
  2021-04-29
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查看更多 1 条评论
AminB
·2021-04-29
Pls like and comment.Thanks
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- AminB:
  Like and comment please
  2021-04-29
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VSkemama
·2021-04-29
Pls like and comment pls 🙏
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- AminB:
  Done.pls DO the same.ThAnks
  2021-04-29
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PooYen
·2021-04-29
Please like and comment. Thanks. [Smile] [Smile] [Smile]
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phantom74
·2021-04-29
Lie and share
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- phantom74:
  like
  2021-04-29
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pinkishmin
·2021-04-29
Go go apple of my eyes
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- banchin:
  Cool
  2021-04-29
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Alice156
·2021-04-29
Good
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CheeMang
·2021-04-29
Comment pls
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- SanJunn:
  Yes
  2021-04-29
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Muan
·2021-04-29
Apple
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Foxfive
·2021-04-29
Apple please
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YsL
·2021-04-29
Great
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- banchin:
  Sure
  2021-04-29
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AndyQuak
·2021-04-29
upupup
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老木不朽
·2021-04-29
Like and comment. Thanks [爱你]
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- 湖中有虎:
  力可
  2021-04-29
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The thing is, the tech giant just might be able to pull it off.\nThe buzz around Apple last year was off the charts, even for...\n\n<a href=\"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AAPL","symbol_name":"苹果","start_time":0,"source_url":"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2","article_id":"1179396069","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1179396069","pubTimestamp":1619573853,"columns":[],"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech g","collect":0,"end_time":0,"defaultTopTitle":"barrons.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AAPL":"苹果"},"translate_title":"苹果可能会再一次把收入冲高。这对股票意味着什么。","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AAPL":0.9},"content_text":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.\nThe buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.\nThat’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.\nOverall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.\nApple is also expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.\nAs always, the quarter is about more than just earnings.\nFor one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.\nAnother is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.\n“Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.\nAnd if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.\nThat would certainly qualify as a job well done.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[{"id":109993735,"gmtCreate":1619657599827,"gmtModify":1634210977590,"author":{"id":"3572856637951491","authorId":"3572856637951491","name":"KaiHsien","avatar":"https://static.tigerbbs.com/239d8c607892fc6f3f1bcb8d03c7f4eb","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3572856637951491","idStr":"3572856637951491"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/109993735","repostId":1179396069,"repostType":2,"repost":{"id":"1179396069","kind":"news","pubTimestamp":1619573853,"share":"https://www.laohunote.com/m/news/1179396069?lang=zh_CN&edition=full","pubTime":"2021-04-28 09:37","market":"us","language":"en","title":"Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1179396069","media":"Barrons","summary":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech g","content":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nBarrons2021-04-28 09:37\n\n</h4>\n</header>\n<article>\nApple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2\">Barrons</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179396069","content_text":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.\nThe buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.\nThat’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.\nOverall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.\nApple is also expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.\nAs always, the quarter is about more than just earnings.\nFor one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.\nAnother is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.\n“Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.\nAnd if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.\nThat would certainly qualify as a job well done.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":100790225,"gmtCreate":1619648763467,"gmtModify":1634211147679,"author":{"id":"3579053062900901","authorId":"3579053062900901","name":"Kelvinphan","avatar":"https://static.tigerbbs.com/dd87884547b7d5f0157a229e9ea4e890","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3579053062900901","idStr":"3579053062900901"},"htmlText":"Like &amp; comment&nbsp;","listText":"Like &amp; comment&nbsp;","text":"Like & comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/100790225","repostId":1179396069,"repostType":4,"repost":{"id":"1179396069","kind":"news","pubTimestamp":1619573853,"share":"https://www.laohunote.com/m/news/1179396069?lang=zh_CN&edition=full","pubTime":"2021-04-28 09:37","market":"us","language":"en","title":"Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1179396069","media":"Barrons","summary":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech g","content":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nBarrons2021-04-28 09:37\n\n</h4>\n</header>\n<article>\nApple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2\">Barrons</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179396069","content_text":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.\nThe buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.\nThat’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.\nOverall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.\nApple is also expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.\nAs always, the quarter is about more than just earnings.\nFor one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.\nAnother is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.\n“Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.\nAnd if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.\nThat would certainly qualify as a job well done.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":100708731,"gmtCreate":1619648156923,"gmtModify":1634211151452,"author":{"id":"3570885355172302","authorId":"3570885355172302","name":"Jstan","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":12,"crmLevelSwitch":0,"wearingBadges":[{"categoryType":1104,"badgeId":"99a38ff64bfd44f891fd016771fc8f64-1","name":"超级披露者","description":"在交易分享中开启超级披露","smallImgUrl":"https://static.tigerbbs.com/70e97d213ed3e4f4820224f1366d402f","bigImgUrl":"https://static.tigerbbs.com/802f4014829adb4e63332fc230b97e42","isScarce":1,"plateColors":{"bgColor":{"dark":"#2f2a1f","tint":"#fcf6e5"},"fontColor":{"dark":"#dea95e","tint":"#885600"}},"effectEnabled":0,"redirectLinkEnabled":1,"redirectLinkType":1,"redirectLink":"https://www.itigerup.com/activity/forapp/star-investor","redirectLinkValidityFrom":1776816000000,"redirectLinkValidityTo":2156198400000,"sortingWeight":0,"wearable":1}],"authorIdStr":"3570885355172302","idStr":"3570885355172302"},"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/100708731","repostId":1179396069,"repostType":4,"repost":{"id":"1179396069","kind":"news","pubTimestamp":1619573853,"share":"https://www.laohunote.com/m/news/1179396069?lang=zh_CN&edition=full","pubTime":"2021-04-28 09:37","market":"us","language":"en","title":"Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1179396069","media":"Barrons","summary":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech g","content":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nBarrons2021-04-28 09:37\n\n</h4>\n</header>\n<article>\nApple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2\">Barrons</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179396069","content_text":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.\nThe buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.\nThat’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.\nOverall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.\nApple is also expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.\nAs always, the quarter is about more than just earnings.\nFor one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.\nAnother is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.\n“Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.\nAnd if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.\nThat would certainly qualify as a job well done.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4164004,"gmtCreate":1619648750534,"gmtModify":1635508747334,"authorId":3579053062900901,"author":{"id":3579053062900901,"idStr":"3579053062900901","authorId":3579053062900901,"name":"Kelvinphan","avatar":"https://static.tigerbbs.com/dd87884547b7d5f0157a229e9ea4e890","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":100708731,"type":1,"supId":0,"prevId":0,"content":"Done ... pls help response back ","text":"Done ... pls help response back ","html":"Done ... pls help response back "}],"langContent":"EN"},{"id":100708474,"gmtCreate":1619648139298,"gmtModify":1634211151575,"author":{"id":"3579506230138289","authorId":"3579506230138289","name":"BigMac8885","avatar":"https://static.tigerbbs.com/e583c75322dd4651672938ebba8683b7","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3579506230138289","idStr":"3579506230138289"},"htmlText":"Go apple go ! Pls help like and comment :)","listText":"Go apple go ! Pls help like and comment :)","text":"Go apple go ! Pls help like and comment :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/100708474","repostId":1179396069,"repostType":4,"repost":{"id":"1179396069","kind":"news","pubTimestamp":1619573853,"share":"https://www.laohunote.com/m/news/1179396069?lang=zh_CN&edition=full","pubTime":"2021-04-28 09:37","market":"us","language":"en","title":"Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1179396069","media":"Barrons","summary":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech g","content":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nBarrons2021-04-28 09:37\n\n</h4>\n</header>\n<article>\nApple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2\">Barrons</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179396069","content_text":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.\nThe buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.\nThat’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.\nOverall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.\nApple is also expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.\nAs always, the quarter is about more than just earnings.\nFor one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.\nAnother is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.\n“Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.\nAnd if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.\nThat would certainly qualify as a job well done.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":100708349,"gmtCreate":1619648038381,"gmtModify":1634211152294,"author":{"id":"3578710390898389","authorId":"3578710390898389","name":"hwhw123","avatar":"https://static.tigerbbs.com/d8403e7374bdcb179a82aff3b6d9338e","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3578710390898389","idStr":"3578710390898389"},"htmlText":"Phenomenal!","listText":"Phenomenal!","text":"Phenomenal!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/100708349","repostId":1179396069,"repostType":4,"repost":{"id":"1179396069","kind":"news","pubTimestamp":1619573853,"share":"https://www.laohunote.com/m/news/1179396069?lang=zh_CN&edition=full","pubTime":"2021-04-28 09:37","market":"us","language":"en","title":"Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1179396069","media":"Barrons","summary":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech g","content":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nBarrons2021-04-28 09:37\n\n</h4>\n</header>\n<article>\nApple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2\">Barrons</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179396069","content_text":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.\nThe buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.\nThat’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.\nOverall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.\nApple is also expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.\nAs always, the quarter is about more than just earnings.\nFor one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.\nAnother is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.\n“Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.\nAnd if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.\nThat would certainly qualify as a job well done.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":100701673,"gmtCreate":1619648011292,"gmtModify":1634211153006,"author":{"id":"3575104063835966","authorId":"3575104063835966","name":"ChickenRice","avatar":"https://static.tigerbbs.com/19ed11789cfde175d98ed256116047dd","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3575104063835966","idStr":"3575104063835966"},"htmlText":"Apple is also my favourite fruit 🍏&nbsp;","listText":"Apple is also my favourite fruit 🍏&nbsp;","text":"Apple is also my favourite fruit 🍏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/100701673","repostId":1179396069,"repostType":4,"repost":{"id":"1179396069","kind":"news","pubTimestamp":1619573853,"share":"https://www.laohunote.com/m/news/1179396069?lang=zh_CN&edition=full","pubTime":"2021-04-28 09:37","market":"us","language":"en","title":"Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1179396069","media":"Barrons","summary":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech g","content":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nBarrons2021-04-28 09:37\n\n</h4>\n</header>\n<article>\nApple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2\">Barrons</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179396069","content_text":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.\nThe buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.\nThat’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.\nOverall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.\nApple is also expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.\nAs always, the quarter is about more than just earnings.\nFor one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.\nAnother is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.\n“Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.\nAnd if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.\nThat would certainly qualify as a job well done.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":100709471,"gmtCreate":1619647799793,"gmtModify":1634211154678,"author":{"id":"3570854261544320","authorId":"3570854261544320","name":"siewming","avatar":"https://static.tigerbbs.com/24f61bae157816d25d689cd306b5631d","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3570854261544320","idStr":"3570854261544320"},"htmlText":"Apple really need to think how to diversified their business into different area as there is no 100% they can only keep on depend on their phone business to growth bigger","listText":"Apple really need to think how to diversified their business into different area as there is no 100% they can only keep on depend on their phone business to growth bigger","text":"Apple really need to think how to diversified their business into different area as there is no 100% they can only keep on depend on their phone business to growth bigger","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/100709471","repostId":1179396069,"repostType":4,"repost":{"id":"1179396069","kind":"news","pubTimestamp":1619573853,"share":"https://www.laohunote.com/m/news/1179396069?lang=zh_CN&edition=full","pubTime":"2021-04-28 09:37","market":"us","language":"en","title":"Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1179396069","media":"Barrons","summary":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech g","content":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nBarrons2021-04-28 09:37\n\n</h4>\n</header>\n<article>\nApple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2\">Barrons</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179396069","content_text":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.\nThe buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.\nThat’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.\nOverall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.\nApple is also expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.\nAs always, the quarter is about more than just earnings.\nFor one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.\nAnother is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.\n“Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.\nAnd if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.\nThat would certainly qualify as a job well done.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":100709607,"gmtCreate":1619647790709,"gmtModify":1634211155028,"author":{"id":"3567397810082940","authorId":"3567397810082940","name":"DavidKoh","avatar":"https://static.tigerbbs.com/ca8adbf01f2d5f5e4a9b41108019ba22","vip":1,"crmLevel":12,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3567397810082940","idStr":"3567397810082940"},"htmlText":"Apple best. Please like and comment.","listText":"Apple best. Please like and comment.","text":"Apple best. Please like and comment.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/100709607","repostId":1179396069,"repostType":4,"repost":{"id":"1179396069","kind":"news","pubTimestamp":1619573853,"share":"https://www.laohunote.com/m/news/1179396069?lang=zh_CN&edition=full","pubTime":"2021-04-28 09:37","market":"us","language":"en","title":"Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1179396069","media":"Barrons","summary":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech g","content":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nBarrons2021-04-28 09:37\n\n</h4>\n</header>\n<article>\nApple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2\">Barrons</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179396069","content_text":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.\nThe buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.\nThat’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.\nOverall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.\nApple is also expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.\nAs always, the quarter is about more than just earnings.\nFor one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.\nAnother is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.\n“Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.\nAnd if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.\nThat would certainly qualify as a job well done.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4163890,"gmtCreate":1619647879100,"gmtModify":1635508758354,"authorId":3579300278905475,"author":{"id":3579300278905475,"idStr":"3579300278905475","authorId":3579300278905475,"name":"IvanAung","avatar":"https://static.tigerbbs.com/1a24371779f14f0f964eb414b9cf1812","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":100709607,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":4163900,"gmtCreate":1619647982553,"gmtModify":1635508757631,"authorId":3555312962232191,"author":{"id":3555312962232191,"idStr":"3555312962232191","authorId":3555312962232191,"name":"elite","avatar":"https://static.tigerbbs.com/2601d446a3f18f0e9bf7927e9dc30a0e","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":100709607,"type":1,"supId":0,"prevId":0,"content":"good","text":"good","html":"good"},{"id":4163916,"gmtCreate":1619648197605,"gmtModify":1635508755891,"authorId":3570885355172302,"author":{"id":3570885355172302,"idStr":"3570885355172302","authorId":3570885355172302,"name":"Jstan","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"currentWearingBadge":{"badgeId":"99a38ff64bfd44f891fd016771fc8f64-1","templateUuid":"99a38ff64bfd44f891fd016771fc8f64","name":"超级披露者","description":"在交易分享中开启超级披露","bigImgUrl":"https://static.tigerbbs.com/802f4014829adb4e63332fc230b97e42","smallImgUrl":"https://static.tigerbbs.com/70e97d213ed3e4f4820224f1366d402f","redirectLinkEnabled":1,"redirectLinkType":1,"redirectLink":"https://www.itigerup.com/activity/forapp/star-investor","redirectLinkValidityFrom":1776816000000,"redirectLinkValidityTo":2156198400000,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2026.04.23","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1104,"isScarce":1,"effectEnabled":0,"wearingSort":1},"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[{"categoryType":1104,"badgeId":"99a38ff64bfd44f891fd016771fc8f64-1","name":"超级披露者","description":"在交易分享中开启超级披露","smallImgUrl":"https://static.tigerbbs.com/70e97d213ed3e4f4820224f1366d402f","bigImgUrl":"https://static.tigerbbs.com/802f4014829adb4e63332fc230b97e42","isScarce":1,"plateColors":{"bgColor":{"dark":"#2f2a1f","tint":"#fcf6e5"},"fontColor":{"dark":"#dea95e","tint":"#885600"}},"effectEnabled":0,"redirectLinkEnabled":1,"redirectLinkType":1,"redirectLink":"https://www.itigerup.com/activity/forapp/star-investor","redirectLinkValidityFrom":1776816000000,"redirectLinkValidityTo":2156198400000,"sortingWeight":0,"wearable":1}]},"repliedAuthorId":0,"objectId":100709607,"type":1,"supId":4163890,"prevId":0,"content":"good","text":"good","html":"good"},{"id":4163994,"gmtCreate":1619648681321,"gmtModify":1635508748452,"authorId":3578345709902616,"author":{"id":3578345709902616,"idStr":"3578345709902616","authorId":3578345709902616,"name":"AminB","avatar":"https://static.tigerbbs.com/95ef96141c0cae96be8b275bbce44d19","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":100709607,"type":1,"supId":0,"prevId":0,"content":"Good david","text":"Good david","html":"Good david"}],"langContent":"EN"},{"id":100700852,"gmtCreate":1619647662076,"gmtModify":1634211155987,"author":{"id":"3578345709902616","authorId":"3578345709902616","name":"AminB","avatar":"https://static.tigerbbs.com/95ef96141c0cae96be8b275bbce44d19","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3578345709902616","idStr":"3578345709902616"},"htmlText":"Pls like and comment.Thanks","listText":"Pls like and comment.Thanks","text":"Pls like and comment.Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/100700852","repostId":1179396069,"repostType":4,"repost":{"id":"1179396069","kind":"news","pubTimestamp":1619573853,"share":"https://www.laohunote.com/m/news/1179396069?lang=zh_CN&edition=full","pubTime":"2021-04-28 09:37","market":"us","language":"en","title":"Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1179396069","media":"Barrons","summary":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech g","content":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nBarrons2021-04-28 09:37\n\n</h4>\n</header>\n<article>\nApple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2\">Barrons</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179396069","content_text":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.\nThe buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.\nThat’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.\nOverall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.\nApple is also expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.\nAs always, the quarter is about more than just earnings.\nFor one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.\nAnother is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.\n“Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.\nAnd if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.\nThat would certainly qualify as a job well done.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4163999,"gmtCreate":1619648730183,"gmtModify":1635508747955,"authorId":3578345709902616,"author":{"id":3578345709902616,"idStr":"3578345709902616","authorId":3578345709902616,"name":"AminB","avatar":"https://static.tigerbbs.com/95ef96141c0cae96be8b275bbce44d19","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":100700852,"type":1,"supId":0,"prevId":0,"content":"Like and comment please","text":"Like and comment please","html":"Like and comment please"}],"langContent":"EN"},{"id":100477252,"gmtCreate":1619647586576,"gmtModify":1634211156960,"author":{"id":"3581645176053205","authorId":"3581645176053205","name":"VSkemama","avatar":"https://static.tigerbbs.com/152a99fdc4377699d227035746bb7293","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3581645176053205","idStr":"3581645176053205"},"htmlText":"Pls like and comment pls 🙏","listText":"Pls like and comment pls 🙏","text":"Pls like and comment pls 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/100477252","repostId":1179396069,"repostType":4,"repost":{"id":"1179396069","kind":"news","pubTimestamp":1619573853,"share":"https://www.laohunote.com/m/news/1179396069?lang=zh_CN&edition=full","pubTime":"2021-04-28 09:37","market":"us","language":"en","title":"Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1179396069","media":"Barrons","summary":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech g","content":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nBarrons2021-04-28 09:37\n\n</h4>\n</header>\n<article>\nApple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2\">Barrons</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179396069","content_text":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.\nThe buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.\nThat’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.\nOverall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.\nApple is also expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.\nAs always, the quarter is about more than just earnings.\nFor one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.\nAnother is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.\n“Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.\nAnd if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.\nThat would certainly qualify as a job well done.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4163862,"gmtCreate":1619647685428,"gmtModify":1635508761209,"authorId":3578345709902616,"author":{"id":3578345709902616,"idStr":"3578345709902616","authorId":3578345709902616,"name":"AminB","avatar":"https://static.tigerbbs.com/95ef96141c0cae96be8b275bbce44d19","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":100477252,"type":1,"supId":0,"prevId":0,"content":"Done.pls DO the same.ThAnks","text":"Done.pls DO the same.ThAnks","html":"Done.pls DO the same.ThAnks"}],"langContent":"EN"},{"id":100474472,"gmtCreate":1619647513696,"gmtModify":1634211157691,"author":{"id":"3576743360399762","authorId":"3576743360399762","name":"PooYen","avatar":"https://static.tigerbbs.com/90f2bad6620330727869f3a5a51a046a","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3576743360399762","idStr":"3576743360399762"},"htmlText":"&nbsp;Please like and comment. Thanks. [Smile] [Smile] [Smile]","listText":"&nbsp;Please like and comment. Thanks. [Smile] [Smile] [Smile]","text":"Please like and comment. Thanks. [Smile] [Smile] [Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/100474472","repostId":1179396069,"repostType":4,"repost":{"id":"1179396069","kind":"news","pubTimestamp":1619573853,"share":"https://www.laohunote.com/m/news/1179396069?lang=zh_CN&edition=full","pubTime":"2021-04-28 09:37","market":"us","language":"en","title":"Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1179396069","media":"Barrons","summary":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech g","content":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nBarrons2021-04-28 09:37\n\n</h4>\n</header>\n<article>\nApple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2\">Barrons</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179396069","content_text":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.\nThe buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.\nThat’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.\nOverall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.\nApple is also expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.\nAs always, the quarter is about more than just earnings.\nFor one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.\nAnother is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.\n“Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.\nAnd if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.\nThat would certainly qualify as a job well done.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":100475335,"gmtCreate":1619647441427,"gmtModify":1634211158764,"author":{"id":"3570342809089528","authorId":"3570342809089528","name":"phantom74","avatar":"https://static.tigerbbs.com/c87ef2af41b8696be86cceafb5b5723d","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3570342809089528","idStr":"3570342809089528"},"htmlText":"Lie and share","listText":"Lie and share","text":"Lie and share","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/100475335","repostId":1179396069,"repostType":4,"repost":{"id":"1179396069","kind":"news","pubTimestamp":1619573853,"share":"https://www.laohunote.com/m/news/1179396069?lang=zh_CN&edition=full","pubTime":"2021-04-28 09:37","market":"us","language":"en","title":"Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1179396069","media":"Barrons","summary":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech g","content":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nBarrons2021-04-28 09:37\n\n</h4>\n</header>\n<article>\nApple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2\">Barrons</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179396069","content_text":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.\nThe buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.\nThat’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.\nOverall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.\nApple is also expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.\nAs always, the quarter is about more than just earnings.\nFor one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.\nAnother is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.\n“Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.\nAnd if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.\nThat would certainly qualify as a job well done.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4163826,"gmtCreate":1619647461674,"gmtModify":1635508765045,"authorId":3570342809089528,"author":{"id":3570342809089528,"idStr":"3570342809089528","authorId":3570342809089528,"name":"phantom74","avatar":"https://static.tigerbbs.com/c87ef2af41b8696be86cceafb5b5723d","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":100475335,"type":1,"supId":0,"prevId":0,"content":"like","text":"like","html":"like"}],"langContent":"EN"},{"id":100472547,"gmtCreate":1619647418889,"gmtModify":1634211159129,"author":{"id":"3577052009539184","authorId":"3577052009539184","name":"pinkishmin","avatar":"https://static.tigerbbs.com/2edb5254c2e93a4893c004e7ebc70557","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3577052009539184","idStr":"3577052009539184"},"htmlText":"Go go apple of my eyes","listText":"Go go apple of my eyes","text":"Go go apple of my eyes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/100472547","repostId":1179396069,"repostType":4,"repost":{"id":"1179396069","kind":"news","pubTimestamp":1619573853,"share":"https://www.laohunote.com/m/news/1179396069?lang=zh_CN&edition=full","pubTime":"2021-04-28 09:37","market":"us","language":"en","title":"Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1179396069","media":"Barrons","summary":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech g","content":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nBarrons2021-04-28 09:37\n\n</h4>\n</header>\n<article>\nApple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2\">Barrons</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179396069","content_text":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.\nThe buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.\nThat’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.\nOverall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.\nApple is also expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.\nAs always, the quarter is about more than just earnings.\nFor one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.\nAnother is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.\n“Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.\nAnd if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.\nThat would certainly qualify as a job well done.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4163914,"gmtCreate":1619648157023,"gmtModify":1635508756141,"authorId":3582063342503280,"author":{"id":3582063342503280,"idStr":"3582063342503280","authorId":3582063342503280,"name":"banchin","avatar":"https://static.tigerbbs.com/5c4c72eded6f6ba8a8c66bbf3cd0e90c","vip":1,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":100472547,"type":1,"supId":0,"prevId":0,"content":"Cool","text":"Cool","html":"Cool"}],"langContent":"EN"},{"id":100472127,"gmtCreate":1619647402569,"gmtModify":1634211159495,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","vip":1,"crmLevel":12,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3568349626879479","idStr":"3568349626879479"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/100472127","repostId":1179396069,"repostType":4,"repost":{"id":"1179396069","kind":"news","pubTimestamp":1619573853,"share":"https://www.laohunote.com/m/news/1179396069?lang=zh_CN&edition=full","pubTime":"2021-04-28 09:37","market":"us","language":"en","title":"Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1179396069","media":"Barrons","summary":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech g","content":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nBarrons2021-04-28 09:37\n\n</h4>\n</header>\n<article>\nApple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2\">Barrons</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179396069","content_text":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.\nThe buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.\nThat’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.\nOverall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.\nApple is also expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.\nAs always, the quarter is about more than just earnings.\nFor one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.\nAnother is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.\n“Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.\nAnd if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.\nThat would certainly qualify as a job well done.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":100476559,"gmtCreate":1619647354471,"gmtModify":1634211159982,"author":{"id":"3573033813970769","authorId":"3573033813970769","name":"CheeMang","avatar":"https://static.tigerbbs.com/97f355a1d36ee0fb7321de6482b9764f","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3573033813970769","idStr":"3573033813970769"},"htmlText":"Comment pls","listText":"Comment pls","text":"Comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/100476559","repostId":1179396069,"repostType":4,"repost":{"id":"1179396069","kind":"news","pubTimestamp":1619573853,"share":"https://www.laohunote.com/m/news/1179396069?lang=zh_CN&edition=full","pubTime":"2021-04-28 09:37","market":"us","language":"en","title":"Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1179396069","media":"Barrons","summary":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech g","content":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nBarrons2021-04-28 09:37\n\n</h4>\n</header>\n<article>\nApple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2\">Barrons</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179396069","content_text":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.\nThe buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.\nThat’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.\nOverall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.\nApple is also expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.\nAs always, the quarter is about more than just earnings.\nFor one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.\nAnother is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.\n“Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.\nAnd if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.\nThat would certainly qualify as a job well done.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4163814,"gmtCreate":1619647379620,"gmtModify":1635508766033,"authorId":3573673722181526,"author":{"id":3573673722181526,"idStr":"3573673722181526","authorId":3573673722181526,"name":"SanJunn","avatar":"https://static.tigerbbs.com/78c6809a1be9f1cc1adde008aa6dd4de","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":100476559,"type":1,"supId":0,"prevId":0,"content":"Yes","text":"Yes","html":"Yes"}],"langContent":"EN"},{"id":100476835,"gmtCreate":1619647308527,"gmtModify":1634211160105,"author":{"id":"3567122626731680","authorId":"3567122626731680","name":"Muan","avatar":"https://static.tigerbbs.com/e57898e50017c4ba74bca13a29623eab","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3567122626731680","idStr":"3567122626731680"},"htmlText":"Apple","listText":"Apple","text":"Apple","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/100476835","repostId":1179396069,"repostType":4,"repost":{"id":"1179396069","kind":"news","pubTimestamp":1619573853,"share":"https://www.laohunote.com/m/news/1179396069?lang=zh_CN&edition=full","pubTime":"2021-04-28 09:37","market":"us","language":"en","title":"Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1179396069","media":"Barrons","summary":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech g","content":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nBarrons2021-04-28 09:37\n\n</h4>\n</header>\n<article>\nApple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2\">Barrons</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179396069","content_text":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.\nThe buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.\nThat’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.\nOverall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.\nApple is also expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.\nAs always, the quarter is about more than just earnings.\nFor one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.\nAnother is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.\n“Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.\nAnd if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.\nThat would certainly qualify as a job well done.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":100478248,"gmtCreate":1619647231384,"gmtModify":1634211160813,"author":{"id":"3582056659390517","authorId":"3582056659390517","name":"Foxfive","avatar":"https://static.tigerbbs.com/1c911e0fa9efd2acd10237e29f32063c","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3582056659390517","idStr":"3582056659390517"},"htmlText":"Apple please","listText":"Apple please","text":"Apple please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/100478248","repostId":1179396069,"repostType":4,"repost":{"id":"1179396069","kind":"news","pubTimestamp":1619573853,"share":"https://www.laohunote.com/m/news/1179396069?lang=zh_CN&edition=full","pubTime":"2021-04-28 09:37","market":"us","language":"en","title":"Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1179396069","media":"Barrons","summary":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech g","content":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nBarrons2021-04-28 09:37\n\n</h4>\n</header>\n<article>\nApple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2\">Barrons</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179396069","content_text":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.\nThe buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.\nThat’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.\nOverall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.\nApple is also expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.\nAs always, the quarter is about more than just earnings.\nFor one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.\nAnother is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.\n“Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.\nAnd if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.\nThat would certainly qualify as a job well done.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":100471400,"gmtCreate":1619647093900,"gmtModify":1634211161404,"author":{"id":"3571083769580822","authorId":"3571083769580822","name":"YsL","avatar":"https://static.tigerbbs.com/f258b1aa573da15fd74641181f7391bf","vip":1,"crmLevel":12,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3571083769580822","idStr":"3571083769580822"},"htmlText":"&nbsp;Great","listText":"&nbsp;Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/100471400","repostId":1179396069,"repostType":4,"repost":{"id":"1179396069","kind":"news","pubTimestamp":1619573853,"share":"https://www.laohunote.com/m/news/1179396069?lang=zh_CN&edition=full","pubTime":"2021-04-28 09:37","market":"us","language":"en","title":"Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1179396069","media":"Barrons","summary":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech g","content":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nBarrons2021-04-28 09:37\n\n</h4>\n</header>\n<article>\nApple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2\">Barrons</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179396069","content_text":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.\nThe buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.\nThat’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.\nOverall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.\nApple is also expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.\nAs always, the quarter is about more than just earnings.\nFor one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.\nAnother is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.\n“Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.\nAnd if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.\nThat would certainly qualify as a job well done.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4163917,"gmtCreate":1619648205094,"gmtModify":1635508755767,"authorId":3582063342503280,"author":{"id":3582063342503280,"idStr":"3582063342503280","authorId":3582063342503280,"name":"banchin","avatar":"https://static.tigerbbs.com/5c4c72eded6f6ba8a8c66bbf3cd0e90c","vip":1,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":100471400,"type":1,"supId":0,"prevId":0,"content":"Sure","text":"Sure","html":"Sure"}],"langContent":"EN"},{"id":100471568,"gmtCreate":1619647070354,"gmtModify":1634211161525,"author":{"id":"3576709266160370","authorId":"3576709266160370","name":"AndyQuak","avatar":"https://static.tigerbbs.com/bd9f635e190b833549d9282c6e3e2f59","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3576709266160370","idStr":"3576709266160370"},"htmlText":"upupup","listText":"upupup","text":"upupup","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/100471568","repostId":1179396069,"repostType":4,"repost":{"id":"1179396069","kind":"news","pubTimestamp":1619573853,"share":"https://www.laohunote.com/m/news/1179396069?lang=zh_CN&edition=full","pubTime":"2021-04-28 09:37","market":"us","language":"en","title":"Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1179396069","media":"Barrons","summary":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech g","content":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nBarrons2021-04-28 09:37\n\n</h4>\n</header>\n<article>\nApple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2\">Barrons</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179396069","content_text":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.\nThe buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.\nThat’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.\nOverall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.\nApple is also expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.\nAs always, the quarter is about more than just earnings.\nFor one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.\nAnother is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.\n“Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.\nAnd if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.\nThat would certainly qualify as a job well done.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":100471623,"gmtCreate":1619647059862,"gmtModify":1634211161767,"author":{"id":"3548659340886358","authorId":"3548659340886358","name":"老木不朽","avatar":"https://static.tigerbbs.com/5b7c249f8702df4b6d4a8a6346ce6b5d","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3548659340886358","idStr":"3548659340886358"},"htmlText":"Like and comment. Thanks [爱你]&nbsp;","listText":"Like and comment. Thanks [爱你]&nbsp;","text":"Like and comment. Thanks [爱你]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/100471623","repostId":1179396069,"repostType":4,"repost":{"id":"1179396069","kind":"news","pubTimestamp":1619573853,"share":"https://www.laohunote.com/m/news/1179396069?lang=zh_CN&edition=full","pubTime":"2021-04-28 09:37","market":"us","language":"en","title":"Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1179396069","media":"Barrons","summary":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech g","content":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Blow the Top Off Earnings—Again. What That Would Mean for the Stock.<blockquote>苹果可能会再次夸大盈利。这对股票意味着什么。</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nBarrons2021-04-28 09:37\n\n</h4>\n</header>\n<article>\nApple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.<blockquote>苹果要超越 2020 年的井喷结果，还有很多工作要做。问题是，这家科技巨头或许能够实现这一目标。</blockquote> The buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted&nbsp;its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.<blockquote>去年围绕苹果的热议是出乎意料的，即使对于最热门的科技公司来说也是如此。预计该公司将于秋季推出首款 5G 手机，随着大流行病的持续，对 Mac 和 iPad 的需求激增，以及可穿戴设备和服务的实力相互促进。所有这些都是在 12 月季度汇集在一起的，当时苹果（股票代码：AAPL）公布了有史以来最大的季度业绩。销售额飙升 21%，达到 1114 亿美元，比华尔街共识高出 80 多亿美元。每个产品类别——iPhone、iPad、Mac、可穿戴设备和服务——都实现了两位数的增长。苹果股价年底上涨 81%，市值增加近 1 万亿美元。</blockquote> That’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.<blockquote>这是一个很难跟上的动作，尤其是三月份的季度，与假期提振的十二月份相比，三月份的季度总是放缓。但是当周三下午公布结果时，苹果可能会再次实现五双。华尔街当然这么认为，即使市场更加谨慎，这使得苹果股价在 2021 年上涨了不到 2%。普遍估计看涨期权将比去年全面增长两位数：iPhone 销量增长 43%，达到 414 亿美元；iPad销售额增长29%，达到56亿美元；Mac销售额为68亿美元，增长27%；可穿戴设备（主要是苹果手表和AirPods）销售额74亿美元，增长18%；服务业增长 16%，达到 155 亿美元。</blockquote> Overall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.<blockquote>总体而言，华尔街共识预计销售额为 770 亿美元，同比增长 32%，每股利润为 98 美分。这将是苹果自 2012 年 3 月以来最快的营收增长率，当时的收入约为现在的一半。大多数看涨的苹果分析师似乎认为他们自己的估计太低了——770亿美元的印刷可能会引发该股的抛售。</blockquote> Apple is also&nbsp;expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.<blockquote>预计苹果还将提供其资本配置策略的最新情况。一年前，该公司宣布将股息增加6%，并将股票回购计划增加500亿美元。苹果一再表示，它正在努力实现现金中性立场，但其巨大的现金流减缓了实现这一目标的进展。</blockquote> As always, the quarter is about more than just earnings.<blockquote>与往常一样，本季度不仅仅是收益。</blockquote> For one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.<blockquote>首先，华尔街将寻找 Mac 和 iPad 销量激增是可持续的迹象，以及尽管芯片和显示器普遍短缺，但该公司仍在满足需求。一些投资者担心，随着越来越多的人重返学校和办公室，个人电脑需求的激增可能会消退。他们将寻求公司在这方面的指导。</blockquote> Another is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.<blockquote>另一个是iPhone增长复苏的可持续性。看涨者对 iPhone 12 寄予厚望，认为它将推动一个 “超级周期”，加速更换周期。几位分析师指出，消费者对 iPhone 12 系列高端产品的明显偏好正在推高平均售价，这应该会支撑该细分市场季度的强劲收入。</blockquote> “Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.<blockquote>Monness Crespi Hardt 的 Brian White 写道：“鉴于 2020 年秋季新款 iPhone 的上市时间晚于季节性，我们相信，与往年相比，今年 3 月季度 iPhone 的需求将出现更有利的同比增长。”他预计本季度 iPhone 的收入将增长 47%。</blockquote> And if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.<blockquote>如果苹果把这一切都拉在一起呢？摩根士丹利（Morgan Stanley）分析师凯蒂-休伯蒂（Katy Huberty）写道，苹果可能会打破华尔街的预期。她预计营收将超过 800 亿美元，所有细分市场同比增长至少 19%。她尤其看好 Mac 和 iPad 的销量，预计 Mac 为 53%，iPad 为 52%。她还预计苹果将把股息增加 10%，并将股票回购计划扩大 600 亿美元。</blockquote> That would certainly qualify as a job well done.<blockquote>这当然是一项出色的工作。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2\">Barrons</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-could-blow-the-top-off-earningsagain-what-that-would-mean-for-the-stock-51619495288?mod=hp_DAY_Theme_1_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179396069","content_text":"Apple has its work cut out for it trying to surpass 2020’s blowout results. The thing is, the tech giant just might be able to pull it off.\nThe buzz around Apple last year was off the charts, even for what is the buzziest of technology companies. Anticipation of the fall launch of the company’s first 5G phones, surging demand for both Macs and iPads as the pandemic rolled on, and strength in both wearables and services fed off each other. The pieces all came together in the December quarter, when Apple (ticker: AAPL) posted its biggest quarter ever. Sales soared 21% to $111.4 billion, more than $8 billion over the Street consensus. Every product category—iPhone, iPad, Macs, wearables, and services—notched double-digit growth. Apple stock finished the year up 81%, adding nearly $1 trillion to its market cap.\nThat’s a tough act to follow, particularly with the March quarter, which always slows from the holiday-boosted December quarter. But Apple could pull off the quintuple double again when its results come out after the bell Wednesday. The Street certainly thinks so, even if the market, which has pushed Apple shares up less than 2% in 2021, has been more cautious. Consensus estimates call for double-digit increases from last year across the board: iPhones sales up 43%, to $41.4 billion; iPad sales up 29%, to $5.6 billion; Mac sales of $6.8 billion, up 27%; wearables sales (mostly Apple Watch and AirPods) of $7.4 billion, up 18%; and a 16% bump in services, to $15.5 billion.\nOverall, the Street consensus expects sales of $77 billion, up 32% from a year ago, with profits of 98 cents a share. That would be the fastest top-line growth rate for any Apple quarter since March 2012, when revenues were about half what they are now. And most bullish Apple analysts seem to think their own estimates are too low—a print at $77 billion would likely trigger a selloff in the stock.\nApple is also expected to provide an update on its capital-allocation strategy. A year ago,the company announced a 6% dividend increase, and boosted its stock repurchase plan by $50 billion. Apple has said repeatedly that it is pushing to get to a cash neutral position, but its remarkably big cash flow has slowed progress toward that goal.\nAs always, the quarter is about more than just earnings.\nFor one, the Street will be looking for signs that the sales surge for Macs and iPads is sustainable—and that the company is keeping up with demand despite widespread chip and display shortages. Some investors worry that the spike in PC demand could ebb as more people return to schools and offices. They’ll be looking for company guidance on that point.\nAnother is the sustainability of the resurgence in iPhone growth. There were high hopes among bulls that the iPhone 12 would drive a “supercycle” with an accelerated replacement cycle. Several analysts have noted that a clear consumer preference for the high end of the iPhone 12 line is driving up average selling prices, which should support a strong revenue quarter for the segment.\n“Given the later-than-seasonal launch of new iPhones in the fall of 2020, we believe iPhone demand will experience more favorable year-over-year comparisons this March quarter compared to past years,” writes Monness Crespi Hardt’s Brian White, who sees 47% iPhone revenue growth during the quarter.\nAnd if Apple pulls it all together? Apple could crush Street estimates, writes Morgan Stanley analyst Katy Huberty, who has an Overweight rating and a $158 price target on the stock, up 17% from Monday’s close of $134.72. She sees the top line above $80 billion, with all segments growing at least 19% year over year. She is especially bullish on Mac and iPad sales, with estimates far above consensus—53% for Macs and 52% for iPads. She also expects Apple to increase its dividend by 10% and expand its stock repurchase program by $60 billion.\nThat would certainly qualify as a job well done.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4163803,"gmtCreate":1619647319147,"gmtModify":1635508766878,"authorId":3581998808524359,"author":{"id":3581998808524359,"idStr":"3581998808524359","authorId":3581998808524359,"name":"湖中有虎","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":100471623,"type":1,"supId":0,"prevId":0,"content":"力可","text":"力可","html":"力可"}],"langContent":"CN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":475,"commentSize":279,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}