Apple earnings feature $110 billion buyback boost and China upside, sending stock 6% higher
Apple's stock has suffered through its biggest percentage decline, over the first four months of a year, in more than a decade. In terms of monthly losing streaks, it's the worst start in 28 years. The stock has logged a four-month losing streak to start 2024,
Apple saw a solid March quarter with service a standout and dips in iPhone and China sales less than expected.
Apple shares jumped nearly 6% before the bell on Friday as the iPhone maker's record stock buyback plan and promise of sales growth drew back investors who have shunned the stock on concerns over weak ...
After revealing Apple's Q2 earnings, CEO Tim Cook shared he "feels great" about China due to beating expectations in a ...
Apple’s F2Q24 results surpassed consensus expectations and the F3Q outlook was promising, countering fears of a revenue miss or downward guidance. Importantly, despite a general decline, iPhone ...
Apple is set to report its second quarter earnings on Thursday after the bell. The numbers come at a time the company ...
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3 Things Apple Isn't Shouting From the RooftopsReality wasn't as cruel. Apple reported that net sales of all products in the Greater China region fell 8% -- more than double its total top-line decline -- but it could've been worse. More ...
Apple Holds Steady: Balancing Solid Financials with Greater China Concerns and Future Tech Potential
The hold rating is further justified by the potential risks and rewards of Apple’s ventures in AI, regulatory changes, and geopolitical tensions, particularly in the Greater China region. The ...
Apple on Thursday posted first-quarter revenue of $90.8 billion, down 4% year over year, as the iPhone maker continues to ...
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