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
Costco (COST) reports strong growth in Q1 FY26 earnings; revenue up 8%
Costco Wholesale Corporation (NASDAQ: COST) has reported an increase in net income for the first quarter of fiscal 2026. Revenues grew 8.3% year-over-year. The Issaquah, Washington-headquartered warehouse giant’s total revenues
AVGO Earnings: Broadcom reports higher Q4 FY25 revenue, profit; results beat
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) on Thursday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. The numbers also surpassed analysts' expectations. Adjusted
Lamb Weston (LW) is set to report Q2 2026 earnings next week, here’s what to look for
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) rose over 1% on Thursday. The stock has gained 4% over the past three months. The French fry giant is slated to
