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Stockreport

Apple profit ebbs as iPhone sales under pressure [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 iPhone maker reported a profit of $23.6 billion on $90.8 billion in revenue in the first three months of this year. "Given our confidence in Apple's future and the value we see in our stock, our Board has authorized an additional $110 billion for share repurchases," chief financial officer Luca Maestri said in the earnings release. Shares were up nearly 6 percent to $183 in after-market trades, buoyed by the epic buyback program. Apple took in a record high amount from digital goods and services sold to fans of the iPhone-makers gadgets, chief executive Tim Cook said in an earnings release. As expected, iPhone sales dropped with pressure growing from China and increased competition from Huawei. The Silicon Valley giant reported $45.7 billion in revenue from iPhone sales, its main money maker, versus $51.3 billion in the same period a year earlier, a ten percent drop. In the key Greater China market, sales of iPhones shrank to $16.4 billion from $17.8 billion in a year [Read more]
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Stockreport

Apple profit ebbs as iPhone sales under pressure [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 iPhone maker reported a profit of $23.6 billion on $90.8 billion in revenue in the first three months of this year. "Given our confidence in Apple's future and the value we see in our stock, our Board has authorized an additional $110 billion for share repurchases," chief financial officer Luca Maestri said in the earnings release. Shares were up nearly 6 percent to $183 in after-market trades, buoyed by the epic buyback program. Apple took in a record high amount from digital goods and services sold to fans of the iPhone-makers gadgets, chief executive Tim Cook said in an earnings release. As expected, iPhone sales dropped with pressure growing from China and increased competition from Huawei. The Silicon Valley giant reported $45.7 billion in revenue from iPhone sales, its main money maker, versus $51.3 billion in the same period a year earlier, a ten percent drop. In the key Greater China market, sales of iPhones shrank to $16.4 billion from $17.8 billion in a year [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