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AAPL Sep 2024 100.000 put
- Yahoo Finance Video
Apple earnings top estimates, iPhone sales fall 10%
Apple's (AAPL) second quarter earnings beat Wall Street estimates. Adjusted earnings per share of $1.53 topped the $1.50 expectation. Revenue of $90.75 billion was just slightly better than the $90.33 billion estimate. Revenue from the iPhone, Mac, and Services units topped expectations, but revenue from iPad and its wearables, home and accessories products unit fell short. Overall, iPhone sales are down 10% from a year ago. One closely watched number was Greater China revenue. That was $16.37 billion versus an estimate of $15.87 billion. The company also authorized a $110 billion share buyback plan and raise its dividend to $0.25 from $0.24. Yahoo Finance's Josh Lipton and Julie Hyman break down the tech giant's quarterly results. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Stephanie Mikulich.
- Yahoo Finance Video
What to watch ahead of Apple's Q2 earnings report
Apple (AAPL) is set to report its second-quarter earnings after the bell today amid low expectations from Wall Street. The tech giant has seen a significant slowdown in iPhone sales in China. Yahoo Finance Tech Editor Dan Howley breaks down what investors should look for in the company’s earnings report, from subscription numbers to new product launches. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written and updated by Melanie Riehl
- Yahoo Finance Video
Fed holds rates, Apple earnings, Peloton CEO: 3 Things
The Federal Reserve has elected to continue to hold rates steady, with Chair Jerome Powell echoing the decision suggesting rates will stay higher for longer in his press conference on Wednesday. Apple (AAPL) will report its fiscal second-quarter earnings after today's closing bell, with many eyes on Apple's performance in China after reported sluggishness in recent iPhone sales. Shares of Peloton (PTON) are moving higher in Thursday's pre-market session following reports of CEO Barry McCarthy's plans to step down. Yahoo Finance Reporters Jared Blikre, Dan Howley, and Madison Mills join the Morning Brief to break down the three things investors need to know ahead of May 2's market open. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
