In a be aware to shoppers — as famous by MacRumors — Erik Woodring, an analyst at funding agency Morgan Stanley, predicts that Apple’s quarterly iPad income will considerably decline within the fourth quarter of 2023 on a year-over-year foundation.
He thinks that Apple will report iPad income of US$7.2 billion within the fourth quarter of 2023. That will be a decline of roughly 23% in comparison with the $9.4 billion that Apple reported for the phase within the year-ago quarter.
The year-ago quarter will likely be a troublesome comparability for iPad income, in response to Morgan Stanley, as Apple introduced up to date iPad Professional fashions and the Tenth-generation iPad final October. There are rumors that Apple will unveil new iPad Airs and iPad minis, together with a 3rd technology Apple Pencil, this month.
