Why does this expert think Omicron could put Wrentch into Apple Ideas for “All-Holiday Season” – Apple (AAPL)

Journalist Mark Gurman says in a recent issue of his journal, Apple Inc.’s ideas could be influenced by Omicron’s new variant of the COVID-19 protein. What happened: Gurman expects some changes in the operations of the company led by Tim Cook and noted that the difference did not affect “any major changes” for Apple so far but as more information is available.

“The new hike could hinder foot traffic in retail stores, and combined with price hikes for food and gas, which could affect sales during the entire major holiday season,” Gurman wrote.

Why is it important: Gurman notes that Wall Street expects Apple revenues to reach $ 118 billion and that this’s meeting will require a combination of good supply, strong demand, and Omicron “not breaking economics at leisure. ”

Apple’s fourth-quarter earnings lost $ 84.55 million in earnings in October. Cupertino, a California-based technology giant reported $ 83.4 billion in revenues at that time.

Chain supply issues and energy conservation rates in China were identified by Gene Munster Partner Management Loup for the fall in Apple Market.

Even so, the boom in the Apple Car area allowed tech giants to record highs in the past month.

Gurman said in November that Apple cars had gone “fully blown” under the watchful eye of Kevin Lynch, chief software officer of the Apple Watch.

Financial Performance: On Friday, Apple shares closed nearly 1.2% down at $ 161.84 on a regular basis and fell nearly 0.4% during the hours after-hours.

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