📉Apple's earnings report showed a decline in China of double digits.
💰Services and iPhones are the main revenue drivers for Apple, and they continue to perform well.
📱iPhone sales were up, which is a positive for the company.
💼Having a high-margin business is crucial for Apple's long-term success.
💡Wearables could be the leading indicator for Apple's performance, especially in China.
What were the key highlights of Apple's earnings report?
—The key highlights of Apple's earnings report include a decline in China, strong performance in services and iPhones, and weaker sales for wearables.
How important is high-margin business for Apple?
—High-margin business is crucial for Apple's long-term success, as it contributes to free cash flow and growth.
What are the main revenue drivers for Apple?
—The main revenue drivers for Apple are services and iPhones.
What is the significance of the decline in China for Apple?
—The decline in China is a concern for Apple, but the company is still gaining clarity on the impact.
What role do wearables play in Apple's performance?
—Wearables could be a leading indicator for Apple's performance, especially in China.
00:10Apple's earnings report shows a decline in China of double digits.
00:22Services and iPhones are the main revenue drivers for Apple and continue to perform well.
00:52iPhone sales were up, which is a positive for the company.
01:04Having a high-margin business is crucial for Apple's long-term success.
02:16Wearables could be the leading indicator for Apple's performance, especially in China.
