• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms
  • Community Reviews

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

Apple Faces Challenging Times Ahead

October 23, 2023 by Forex Winner Leave a Comment

Apple Inc. is entering a critical period as it approaches its next earnings report, according to analyst Brian White. In a report to clients, White highlighted several factors that could negatively impact iPhone trends, including a struggling economy, increased competition from Huawei, and a saturated smartphone market. These factors, combined with only incremental updates to the new iPhone family, paint a bleak picture for Apple’s flagship product.

Although Apple released all four iPhone models simultaneously this year, which could potentially boost revenue growth in the September quarter compared to last year’s staged launch, White believes that the iPhone 15 cycle will be uninspiring due to market maturity and a challenging macroeconomic environment.

Best Forex Robots ›

Compare leading trading systems on the market

The company is scheduled to report its results on November 2 after the close of trading.

White also expressed concerns about regulatory issues and escalating geopolitical tensions, predicting that the darkest days of this downturn are still ahead. However, he maintains a positive outlook on Apple’s stock given the company’s services business.

Another analyst, Wamsi Mohan, from BofA Global Research, also expressed caution about Apple’s performance in the September quarter. While expecting a slight deceleration in revenue, Mohan believes that revenue and earnings estimates have likely reached their lowest point and does not anticipate further major negative revisions unless there is a major recession.

Mohan has a neutral rating on Apple shares due to potential sluggish trends in consumer spending offsetting the positive catalyst of a new product launch.

Despite recent losses, Apple shares showed signs of recovery during afternoon trading and were set to snap a six-session losing streak.

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News Tagged With: Apple, Competition, economy, iPhone, smartphone market

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

Man charged in New York with 3-week kidnapping to try to steal Bitcoin

May 30, 2025

Goldman Sachs Expert Predicts Significant Gold Price Surge by 2026

May 29, 2025

Second suspect in New York bitcoin kidnapping surrenders to police

May 28, 2025

Footer

Forex Broker Reviews

ADSS Invest Review

May 10, 2023 By Forex Winner

Videforex

Videforex Review

May 22, 2019 By Forex Winner

simplefx

SimpleFX Review

December 19, 2019 By Forex Winner

Forex Robot Reviews

Earn2Trade Review

August 20, 2023 By Shandor Brenner

FundedNext Review

August 16, 2023 By Shandor Brenner

Topstep Forex Review

August 14, 2023 By Shandor Brenner

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2025 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure