Apple Just Delivered Great News For This Market-Crushing AI Stock [Yahoo! Finance]
Apple Inc. (AAPL)
Last apple inc. earnings: 4/30 04:30 pm
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Source: Yahoo! Finance
The company topped estimates on the top and bottom lines in the quarter, as revenue jumped 16% to $143.8 billion with iPhone sales up 23% to $85.3 billion. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Profits also grew by a similar percentage, showing the company executing across the business. When Apple grows, it impacts a number of companies downstream, those who supply chips for its smartphones and other devices, and one category got an unusual amount of attention on the earnings call. That was memory chips, which are undergoing a supply crunch due to soaring demand for AI applications, and that's sending prices skyrocketing. In fact, the first question that Apple received on the earnings call was about inflation in memory. CEO Tim Cook said that memory constraints had little impact on first-quarter results, but he sees it becoming more of a headwind
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News
- Apple vs. Meta Platforms: Which "Magnificent Seven" Stock Is a Better Buy Right Now? [Yahoo! Finance]Yahoo! Finance
- Apple chasing memory supply to meet high customer demand — CEO Tim Cook says shortage will have a greater impact on its Q2 earnings [Yahoo! Finance]Yahoo! Finance
- Apple Is Reportedly Looking to Partner with Intel Foundry. Does That Make INTC Stock a Buy Here? [Yahoo! Finance]Yahoo! Finance
- Apple Inc (AAPL) Q1 2026 Earnings Call Highlights: Record Revenue and iPhone Sales Propel Growth [Yahoo! Finance]Yahoo! Finance
- Ross Gerber Demands Tim Cook Resign: ‘He Hasn't Done a Thing in Years' on AI [Yahoo! Finance]Yahoo! Finance
AAPL
Earnings
- 1/29/26 - Beat
AAPL
Sec Filings
- 1/30/26 - Form 10-Q
- 1/29/26 - Form 8-K
- 1/22/26 - Form PX14A6G
- AAPL's page on the SEC website