Last week we published a post about Apple market trends. This week we improved our model and predicted 77% of Apple Inc. (NASDAQ:AAPL) market trends correctly in last 300 weeks.
Apple recently crushed analyst expectations for its first quarter with 13% sales growth and 16% earnings growth, but many investors weren’t happy with its iPhone shipments and revenues — which both fell year over year.
Those concerns are valid since 70% of Apple’s revenues came from the iPhone during the quarter. However, Apple still generated growth where it mattered the most — in China, where its revenues rose 11% annually, and in services, which posted an 18% annual jump in revenue and accounted for 10% of its top line.
Nullatech Predicted Apple Market Trends Correctly
We improved our model 7% better in comparison to last week. This week Nullatech AI predicted 77% of Apple market trends correctly in last 300 weeks. You can also see more predictions in our application.