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0.00108695652173922 0.000543478260869534 0.00108695652173922 0.00304347826086958 0.00429347826086952 0.00124999999999994 -0.00162663043478254 -0.00244565217391298
Stock impact report

Apple Q2 results top expectations despite iPhone fears; unveils $110B buyback [Seeking Alpha]

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: Seeking Alpha
For the period ending March 30, Apple earned $1.53 per share on revenue of $90.75B, as the iPhone accounted for $45.96B in sales. Analysts had expected the company to earn $1.50 per share on $90.33B. Seeing weakness during the period were the company's iPad and Wearables businesses, as both accounted for $5.56B and $7.91B in sales. Analysts had expected $5.91B and $8.29B, respectively. Apple's Mac business generated $7.45B in revenue, topping analyst estimates of $6.79B. Also topping analyst's forecasts was Apple's Services business, which accounted for $23.87B in revenue during the period, above the $23.28B forecasted. Revenue from Greater China during the period was $16.37B, above the $15.87B that analysts had expected. Several industry analysts recently highlighted weak iPhone sales in the region amid increased competition. In a statement, CEO Tim Cook acknowledged the launch of the Vision Pro and alluded to an "exciting" product announcement next week, widely expected to Show less Read more
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