In an interview with CNBC’s ‘Power Lunch,’ Daniel Newman, CEO of The Futurum Group, expressed his expectations for Apple’s upcoming earnings report. Newman predicts that Apple will report strong demand for its iPhone 14 series due to its innovative features and the overall strength of the smartphone market.
Furthermore, Newman underscores the significance of Apple’s subscription services, particularly Apple Music and Apple TV+, as key drivers of revenue growth. He believes Apple’s ability to create a compelling bundle of hardware, software, and services has been a major factor in its success.
Newman also highlights Apple’s exceptional customer loyalty as a key differentiator. He points out that Apple’s products are consistently ranked highly in customer satisfaction surveys, indicating the company’s ability to maintain a strong bond with its users.
In conclusion, Newman’s analysis suggests that Apple is well-positioned to deliver a solid earnings report. He expects the iPhone 14 series to be a major contributor to revenue growth, along with the continued success of Apple’s subscription services and its unwavering customer loyalty.
