Apple’s 3Q24 in Three Charts
Today's Above Avalon Daily email contains the following story:
Apple’s 3Q24 in Three Charts
Last Friday, we went over how Apple’s 3Q24 earnings compared to my expectations. Results came in close to my estimates. Nearly every line item beat (HW gross margin was the only thing that missed). We also discussed the largest takeaway from earnings: iPhone fundamentals continue to gradually improve and are becoming less of a drag on overall ecosystem growth.
For today’s update, we turn our attention to secondary themes from Apple’s earnings as shown via three financial charts.
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