Not exact matches
Sales of the Apple Watch to consumers set a record during the first week of
holiday shopping, and the
current quarter is on track to be the best ever for the product, Apple Inc..
The company also said it couldn't promise that the hit to traffic and sales won't continue in the
current holiday season
quarter or beyond.
Although Akamai Technologies, Inc. (NASDAQ: AKAM) reported robust results for the previous
quarter, driven by strong online
holiday sales, JPMorgan's Sterling Auty believes the March
quarter numbers will reflect the
current state of the company's business better.
Though he's staying firm with his
current estimates for iPad sales for the
holiday quarter, he is eyeing a market share shake - up for next year.
It is important to note that these units were sold in before the price cut went into effect worldwide in October, therefore we should see a fairly large boost in this
current quarter thanks to the combination of a $ 50 price cut and the approaching
holiday season.