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Apple's Solid Quarter, Buoyed By Services, Gives Stock A Needed Bump [Yahoo! Finance]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
The dip there was less than anticipated. The stock is up more that 4% in after-hours trading. Services revenue, which houses Apple TV +, music, games and a host of others platforms, was a standout with sales up $3 billion to $23.9 billion. Execs may give some details on a call starting at 5 pm ET. More from Deadline 2024 Premiere Dates For New & Returning Series On Broadcast, Cable & Streaming 'Presumed Innocent' Trailer: Jake Gyllenhaal Is On Trial For Murder In Apple TV+'s Legal Thriller - Update Amazon Beats Wall Street Q1 Forecasts As Advertising Growth Continues Apace The company announced a massive share buyback program and a dividend boost. Apple posted $90.75 billion in revenue for the three months ended in March. Net income eased slightly to $23.6 billion (from $24.2 billion). EPS was flat at $1.53. “Today Apple is reporting revenue of $90.8 billion for the March quarter, including an all-time revenue record in Services,” said Tim Cook, Apple's CEO. “During th
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