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Stockreport

Apple earnings see 10% iPhone sales drop [Yahoo! Finance]

Apple Inc. (AAPL)  More Company Research Source: Yahoo! Finance
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
The slowdown was fueled, in part, by an 8% drop in China. Apple's slow adoption of AI versus competitors like Google and Microsoft likely played a role in consumers' decision to hold off on purchasing a new iPhone. Apple has promised some big announcements on that front (likely at WWDC in June), but the iPhone 16 itself likely won't arrive until fall. In spite of those dire hardware figures, however, the company still managed to beat Wall Street expectations, fueled by both an increase on services revenue and a massive $110 billion stock buyback -- a jump over last year's $90 billion purchase. Services, which includes offerings like iCloud, Apple TV+ and Apple Music, jumped 14% for the year. Apple has long anticipated a slowdown in hardware sales, and its increasing focus on subscription services have helped to make up for some of that loss. The company is expected to release two new iPads at a standalone event next week, along with the M4 chip -- the latest addition to the Ap [Read more]
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Stockreport

Apple earnings see 10% iPhone sales drop [Yahoo! Finance]

Apple Inc.  (AAPL) 
More Company Research Source: Yahoo! Finance
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
The slowdown was fueled, in part, by an 8% drop in China. Apple's slow adoption of AI versus competitors like Google and Microsoft likely played a role in consumers' decision to hold off on purchasing a new iPhone. Apple has promised some big announcements on that front (likely at WWDC in June), but the iPhone 16 itself likely won't arrive until fall. In spite of those dire hardware figures, however, the company still managed to beat Wall Street expectations, fueled by both an increase on services revenue and a massive $110 billion stock buyback -- a jump over last year's $90 billion purchase. Services, which includes offerings like iCloud, Apple TV+ and Apple Music, jumped 14% for the year. Apple has long anticipated a slowdown in hardware sales, and its increasing focus on subscription services have helped to make up for some of that loss. The company is expected to release two new iPads at a standalone event next week, along with the M4 chip -- the latest addition to the Ap [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AAPL
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
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
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 (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS