Categories AlphaGraphs, Earnings, Technology
AAPL Earnings: Apple Q2 revenue up 9%; profit beats Street view
Apple Inc. (NASDAQ: AAPL) on Thursday said its second-quarter revenue and earnings increased, mainly reflecting strong sales of iPhone and continued growth of the Services segment. The results also topped the market’s expectations.
Second-quarter revenues of the Cupertino-based gadget giant rose 9% from last year to $97.3 billion, aided by a 5% increase in the sales of iPhone. The top-line beat the consensus estimates.
In the March quarter, net profit moved up to $25.0 billion or $1.52 per share from $23.6 billion or $1.40 per share in the second quarter of 2021. It was above Wall Street’s expectations.
Check this space to read management/analysts’ comments on Apple’s Q2 2022 results
Apple’s stock has lost about 10% since the beginning of the year. It closed Thursday’s session higher and made further gains in the after-hours following the earnings announcement.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Key highlights from Deere & Co.’s (DE) Q4 2024 earnings results
Deere & Company (NYSE: DE) reported its fourth quarter 2024 earnings results today. Worldwide net sales and revenues decreased 28% year-over-year to $11.14 billion. Net income was $1.24 billion, or
NVDA Earnings: Nvidia Q3 profit jumps, beats estimates
NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a sharp increase in adjusted profit and revenue for the third quarter of 2025. Earnings also topped analysts' estimates. The tech firm’s revenues
Lowe’s Companies (LOW): A few points to note about the Q3 2024 performance
Shares of Lowe’s Companies, Inc. (NYSE: LOW) rose over 1% on Wednesday. The stock has gained 8% over the past three months. The company delivered better-than-expected earnings results for the
