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Trending tickers: Apple, Amazon, Reddit, Airbnb and Standard Chartered [Yahoo! Finance]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
in the current quarter, even as it reported results above Wall Street expectations. The $3.2tn tech company posted revenue of $95.4bn for the three months to March, up more than 4% from a year earlier. Earnings per share (EPS) rose 7% to $1.65, beating analyst forecasts of $94.5bn in revenue and $1.62 in EPS. It was Apple's fifth consecutive quarter of topping Wall Street expectations. On an investor call, chief executive Tim Cook said the company anticipates tariffs will add $900m in costs for the June quarter. However, he added that it is “very difficult” to predict beyond June “because I'm not sure what will happen with tariffs.” “We will manage the company the way we always have with thoughtful and deliberate decisions, with a focus on investing for the long term and with dedication to innovation and the possibilities it creates,” Cook said on the call. “As we look ahead, we remain confident.” Read more: Shell launches $3.5bn share buyback as profits hit $5.58bn Apple sa
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