Apple Analyst Holds ‘Muted’ View Regarding December Quarter Amid Regulatory Headwinds, Lukewarm iPhone Sales: Retail Sentiment Sours

From StockTwits: 2025-01-10 00:28:10

Barclays analysts predict increased pressure on the App Store regulatory front and potential China exposure issues for Apple. Apple is set to report its first quarter results on Jan. 30, with expectations of a mixed performance. The stock had a strong 2024, rallying 31%, hitting an all-time high of $260.10. Despite this, analysts attribute the stock’s performance to multiple expansion rather than iPhone success. Apple’s App Store is facing scrutiny from regulators and developers, with the company making changes to comply with EU laws. The DOJ is investigating Apple for monopolizing the smartphone market. Analysts expect a mixed earnings release for the December quarter, with average estimates of $2.35 EPS and $124.77 billion revenue. Barclays anticipates choppiness in iPhone sales through 2025. The firm is also seeking clarity on Google’s TAC payments to Apple. Stocktwits sentiment towards Apple has turned bearish, with retail investors speculating a potential pullback in the stock price. Apple’s stock closed at $242.70, down 0.20% on Wednesday.



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