Why Are Investors Disappointed With Apple's Earnings?

The transcript discusses Apple's revenue guidance, gross margin, and currency issues, highlighting investor expectations for the iPhone 8. It compares buy side and sell side sentiments, noting a shift towards a more positive outlook. The iPhone 7's features and upgrades are analyzed, with a focus on its impact on stock performance. Apple's forecasting strategy is examined, suggesting a conservative approach to manage expectations and inventory challenges.

What was the general reaction to Apple's revenue guidance for December?

• It matched expectations.

• It was below expectations.

• It was above expectations.

• It was not disclosed.

What was a significant concern for investors regarding the iPhone 8?

• It would be too similar to the iPhone 7.

• It might be delayed.

• It could lead to a super cycle.

• It might not meet expectations.

How did the sentiment of buy-side investors change after the iPhone 7 announcement?

• It became more negative.

• It remained neutral.

• It turned more positive.

• It did not change.

What was a notable feature of the iPhone 7 that was highlighted?

• Its new design.

• Its dual camera on the plus model.

• Its lower price.

• Its larger screen size.

What is a common strategy Apple uses in its revenue forecasts?

• Providing exact figures to avoid surprises.

• Underestimating to easily surpass expectations.

• Overestimating to boost stock prices.

• Not providing any forecasts.