Apple Earnings: COVID-19 Takes Its Toll [The Motley Fool]
Apple Inc. (AAPL)
Last apple inc. earnings: 4/30 04:30 pm
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Source: The Motley Fool
Apple(NASDAQ:AAPLwarned investorsThis is also the time of year when Apple updates its capital return program. Here's what investors need to know.Image source: Apple.Three phases of the quarterRevenue in the first quarter was $8. billion, compared to the consensus estimate of $.6 billion in sales and the midpoint of Apple's original guidance of $6 billion. The core iPhone business saw revenue decline by 7% to $9 billion, while both the Mac and iPad also saw sales fall. On the bright side, services set a new quarterly record of $. billion in revenue, and the wearables, home, and accessories segment saw sales rise to $6. billion.On the conference call with analysts, CEO Tim Cook described three distinct phases that the business experienced during the quarter. In the first five weeks, things were going so well that Apple was confident that it would enjoy a record March quarter. In the five weeks that followed, COVID-9 started to impact both supply and demand, which is when Apple decided t
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AAPL
Earnings
- 10/30/25 - Beat
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Sec Filings
- 12/5/25 - Form 8-K
- 11/14/25 - Form 4
- 11/14/25 - Form 25-NSE
- AAPL's page on the SEC website