Apple's Q2 financial results are being announced on May 2, and it might be rough, compared to the financial victories of the last five years. Here's what to expect, and what the analysts are saying. Apple CEO Tim Cook Apple will be issuing its second-quarter results on May 2, with t...
On an earnings call with analysts, Apple finance chief Luca Maestri said the company expected the current quarter will deliver double-digit year-over-year percentage growth in iPad sales. What’s more, he said the Services division is forecast to continue growing at about the current high rate ...
CUPERTINO, CALIFORNIA Apple today announced financial results for its fiscal 2024 second quarter ended March 30, 2024. The Company posted quarterly revenue of $90.8 billion, down 4 percent year over year, and quarterly earnings per diluted share of $1.53. ...
Q3 Fiscal Year 24 Earnings Outlook Previous Quarter Review On May 2, Apple reported its Q2 results. Its EPS of $1.53 exceeded Wall Street expectations of $1.51. The company ’ s revenue was $90.75 billion, beating Wall Street forecasts of $89.99 billion. Its services revenue rose 14.2% year...
The investment community will be paying close attention to the earnings performance of Apple in its upcoming release. The company is slated to reveal its earnings on May 2, 2024. The company is forecasted to report an EPS of $1.50, showcasing a 1.32% downward movement from the corresponding ...
May 2, 2024 Core Technology Fee (CTF) The CTF is an element of the alternative business terms in the EU that reflects the value Apple provides developers through tools, technologies, and services that enable them to build and share innovative apps. We believe anyone with a good idea and the...
Apple's earnings report on May 2, 2024, did confirm that iPhone sales are notably down in China -- but not nearly as bad as the up to 25% decline that was forecast by some. Partly because of the bad sales guesses by analysts baking in losses into the stock before the earnings, ...
2024 10-Q|6Note 3 Earnings Per ShareThe following table shows the computation of basic and diluted earnings per share for the three-and six-month periods ended March 30,2024 and April 1,2023net income in millions and shares in thousandsThree Months EndedSix Months EndedMarch 30,2024April 1...
Apple stock was having a tough year after some early gains — until investors erased the loss after Thursday's earnings report. Investment firm Bernsteinwas rightwhen it told clients to buy Apple stock because it was at an attractive low price. At the close of trading on Thursday, Apple's ...
Services, investments in emerging markets, and accessories have given Apple the buoyancy it needs in challenging economic times.