Apple has sour reaction to Goldman Sachs’ analyst note

Apple suffered a relatively rare public riot last Friday between analysts Goldman Sachs Group Inc. between the Blue Chip Wall Street company and its customers.

Goldman Sachs analyst Rod Hall blamed Apple's accounting methodology for the technology giant's new TV + product, and research shows that gross returns and profits may be lowered.

In response, Apple said, "We do not expect the introduction of Apple TV +, including service accounting, will have a significant impact on our financial performance."

A Goldman spokesman declined to comment or comment on the analyst. Apple also made no mention of Goldman's relationship, except to comment.

Rare public disputes are awkward moments between the two companies.

According to financial data provider Refinitiv, Goldman Sachs has acquired more bonds against Apple for about $ 4.4 billion over other investment banks over the past decade.

Last month, the two companies worked together to launch their first credit card, the Apple Card.

In May last year, Tesla chief executive Elon Musk asked analysts about the company's capital requirements, calling “boring” and “not cool” issues at a conference call to discuss Tesla's performance in a similar story. Did not answer. He later criticized several analysts directly for negative calls.

As the global smartphone market stagnates, many Apple investors are concentrating on the growth of the services sector, while Apple's share price is increasing this year, although iPhone sales have declined every year in the last two quarters.

Source: Reuters