Gene Munster Says Apple's 'Mess Wasn't As Big As It Looked' As iPhone Maker Delivers Better Than Expected Results

Quick Summary:

Munster, analyzing the results on X, pointed to channel inventory adjustments as a significant factor in the apparent slowdown.“The mess wasn’t as big as it looked in the numbers,” he noted, explaining that about half of the weakness in China, where revenue declined 11%, was attributable to inventory management rather than underlying demand ...

Apple Inc.(NASDAQ:AAPL) delivered better-than-expected fiscal first-quarter results, with Deepwater Asset Management‘s Gene Munster suggesting the quarter wasn’t as disappointing as initial numbers indicated, citing channel inventory adjustments and forward guidance as key factors.

What Happened: The tech giant reported revenue of $124.3 billion, slightly exceeding analyst estimates of $124.13 billion, while earnings per share came in at $2.40, above the expected $2.36.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Kaustubh Bagalkote

Category: Technology

Markets: United StatesChina

Topics: Appleverse News Apple Intelligence AAPL US0378331005 Benzinga Tech Equities Markets

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-31 @ 03:40:21 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 433 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 25658276

View Article Analysis

About Benzinga

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 22 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

Frequently Asked Questions