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(Bloomberg) -- Apple Inc. chief Tim Cook singled out India on Thursday as pivotal for the iPhone maker, underscoring how the world’s most populous country is on the cusp of becoming both a major market and production base.Most Read from BloombergChina Takes the Yuan Global in Bid to Repel a Weaponized DollarTD, First Horizon End $13 Billion Merger as Regulators StallZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinBank Drama Rages On; Apple Climbs in Late Trading: Markets WrapPeter Thie...

Apple’s iPhone shipments bounced back from supply chain disruptions in the holiday period, though revenue still declined year-on-year for the second quarter in a row due to what it described as a “tougher” economic environment and currency headwinds. Finance chief Luca Maestri said Apple had seen “significant acceleration in iPhone revenue from December to March”. Sales of the device, which accounted for 54 per cent of total revenue, rose 2 per cent in the quarter to $51.3bn, ahead of estimates at $48.9bn...

Apple (AAPL) released its fiscal second quarter results after the market close on Thursday. The tech giant beat analyst estimates on both the top and bottom lines, thanks to strong iPhone sales. Mac sales were lighter than expected, which tracks with a recent report from Gartner that shows overall PC shipments declined in the first quarter of 2023. Yahoo Finance's Brad Smith, Diane King Hall, and Dan Howley were listening to the Apple earnings call. Among their takeaways: leadership is concerned about how macroeconomic headwinds could impact their business, the paid subscription business is a big deal in terms of both margins and keeping customers, and that Apple clearly sees opportunity in India. Key video moments:  00:00:20 Apple stock check 00:01:20 Apple earnings recap 00:02:10 Key takeaways from the call 00:06:19 Tim Cook's comments on India 00:08:13 Vibe checks 00:09:04 Wall St vs Main St...

Apple managed to sell a decent number of iPhones this winter. Revenue from the popular smartphone family rose 2% year over year to $51.3 billion for Apple’s fiscal second quarter, which the company reported on Thursday—a pleasant surprise for investors, as Wall Street had been predicting a 4% decline. Service revenue rose 5% year over year to $20.9 billion, which was in line with Wall Street’s expectations but also the third consecutive quarter of mid-single-digit growth for what is now Apple’s second-largest segment...

Apple Inc's results beat expectations on Thursday, showing off the tech giant's resilience in a slowing global economy thanks to better-than-expected iPhone sales and notable inroads in India and other newer markets...

Yahoo Finance's Bradley Smith and Diane King Hall gave their vibe check for Apple's Q2 2023 earnings call. Brad and Diane's biggest takeaways: While the call wasn't all 'roses and daisies', Apple did acknowledge where the macroeconomic environment was hitting them, and the company was transparent enough to allow investors to be positively reactive to the stock after hours. The call addressed several important topics, including Apple's (APPL) devices, services, and dividend cadence. So what was Brad and Diane's overall rating of the call? Watch the video to find out...

The company logged strong iPhone growth in places such as India, Indonesia, Latin America and the Middle East, a sign of resilience as the tech giant continues to face economic uncertainty...

(Bloomberg) -- Sales of Apple Inc.’s iPhone rebounded last quarter, helping the world’s most valuable company top earnings estimates and weather an industrywide downturn that has battered much of its product lineup.Most Read from BloombergChina Takes the Yuan Global in Bid to Repel a Weaponized DollarTD, First Horizon End $13 Billion Merger as Regulators StallZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinBank Drama Rages On; Apple Climbs in Late Trading: Markets WrapPeter Thiel Says...