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 higher Q1 2025 sales and profit
Costco Wholesale Corporation (NASDAQ: COST), which operates a chain of membership warehouses, has reported an increase in sales and net profit for the first quarter of 2025. Revenues increased to
Broadcom (AVGO) Q4 2024 adj. profit increases on higher revenues
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) reported higher revenues and adjusted earnings for the fourth quarter of 2024. Excluding non-recurring items, earnings were $1.42 per share in the October quarter,
Macy’s (M) anticipates caution on discretionary spending will continue in Q4 2024
Shares of Macy’s, Inc. (NYSE: M) stayed green on Thursday. The stock has gained 13% over the past three months. The retailer delivered mixed results for the third quarter of
