Apple posted its third quarter in a row of net sales going down as it released its financial results for its Q3 2023 on Thursday afternoon, saying the period saw $81.8 billion total...
Continue ReadingApple proved resilient in its latest quarter as the number of paying subscribers for its array of digital services crossed 1bn users worldwide, helping to lift profits from a year ago even as total revenue declined. The world’s largest company by market value said on Thursday that total revenue fell 1 per cent to $81.8bn in the quarter that ended in June, a third straight year-on-year fall but slightly ahead of forecasts at $81.7bn, according to Refinitiv. Earnings per share also jumped 5 per cent to $1.26, ahead of forecasts for $1.20...
Continue ReadingSales of iPhones missed analyst estimates, although executives pointed to continued strength in emerging markets...
Continue ReadingIf these after-hours earnings don't do it, we'll see if tomorrow's Employment Situation report has what it takes to light a fire under bullish investors going forward...
Continue ReadingAlthough the revenue and EPS for Apple (AAPL) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers...
Continue ReadingApple reported quarterly earnings Thursday after the bell that showed a third straight quarter of revenue declines with iPhone sales missing forecasts...
Continue ReadingApple, Inc. (NASDAQ:NASDAQ:AAPL) Q3 2023 Earnings Conference Call August 3, 2023 5:00 PM ETCompany ParticipantsSaori Casey - VP, FinanceTimothy Cook - CEO & DirectorLuca Maestri - CFO.....
Continue ReadingApple (AAPL) delivered earnings and revenue surprises of 5.88% and 0.54%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?...
Continue ReadingStrong revenue from Apple's services business was offset by disappointing sales of iPhones and iPads...
Continue ReadingConsumer electronics giant Apple beat Wall Street's target for earnings its fiscal third quarter while matching views for sales...
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