Apple sales decline less than feared as company plots comeback [BNN Bloomberg (Canada)]
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: BNN Bloomberg
Revenue fell 4.3 per cent to US$90.8 billion in the fiscal second quarter, which ended March 30, the company said in a statement Thursday. That compared with an average analyst estimate of $90.3 billion. Profit in the quarter topped Wall Street projections as well. Apple also said it expects to return to sales growth in the current period, with revenue climbing by a percentage in the low single digits, Chief Financial Officer Luca Maestri told Bloomberg Television's Emily Chang. The results came as a relief to investors, who have been waiting for the iPhone maker to pull out of a long slump. Apple has posted sales declines in five of the past six quarters, hurt by a sluggish smartphone market and headwinds in China. The company warned analysts in February that revenue in the latest period would be down about 5 per cent from a year earlier. The shares gained about 2 per cent in late trading after the report was released. Apple had been down 10 per cent to $173.03 this year throu
Show less
Read more
Impact Snapshot
Event Time:
AAPL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AAPL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AAPL alerts
High impacting Apple Inc. news events
Weekly update
A roundup of the hottest topics
AAPL
News
- Taiwan is now exporting and investing more in the U.S. than China in major pivot away from Beijing [Fortune]Fortune
- How to Use AirDrop to Quickly Send Photos and Files [CNET News]CNET News
- ChatGPT-4o Is Wildly Capable, But It Could Be A Privacy Nightmare [Forbes]Forbes
- Could Investing $1,000 in Apple Make You a Millionaire? [Yahoo! Finance]Yahoo! Finance
- Running Watches Market to Reach $3.8 billion, Globally, by 2035 at 5.6% CAGR: Allied Market Research [Yahoo! Finance]Yahoo! Finance
AAPL
Earnings
- 5/2/24 - Beat
AAPL
Sec Filings
- 5/14/24 - Form 4
- 5/3/24 - Form 8-K
- 5/3/24 - Form 10-Q
- AAPL's page on the SEC website