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Stock impact report

Apple's Glass Supplier Corning Outperforms in Tough Market, Eyes $3B Sales Boost in Three Years [Yahoo! Finance]

Apple Inc. (AAPL) 
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Company Research Source: Yahoo! Finance
The Apple Inc (NASDAQ: AAPL ) glass supplier's core EPS of $0.38 beat the consensus of $0.35 Display Technologies' sales grew by 14% year over year to $872 million, driven by higher volume and pricing actions in the second half of 2023. However, sales remained flattish quarter over quarter. Optical Communications sales declined 17% year over year to $930 million, reflecting temporarily lower carrier demand as customers continued to draw down inventory. Sales increased by 3% quarter over quarter, driven by growing sales in carriers and enterprises. Specialty Materials sales increased by 12% year over year to $454 million, driven by continued strong demand for premium smartphone cover materials and semiconductor-related products. The bet sales declined 4% Q/Q. Life Sciences sales decreased by 8% year over year to $236 million as customers in North America and Europe continued to draw down their inventory. The sales declined by 2% quarter over quarter. Environmental Techno Show less Read more
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