Tag AAPL

Apple stock rose in late trading Thursday after the company reported quarterly results that came in just ahead of Wall Street estimates for revenue and net income. Shares in Apple were recently up nearly 4%. Here is a roundup of the high-level results compared with Wall Street expectations based on a FactSet survey of analyst estimates: + Revenue of $90.8 billion vs. expected $90.4 billion + Net income of $23.6 billion vs. expected $23.3 billion + GAAP earnings of $1.53 per share vs. expected $1.51 per share Apple also said its board approved an additional $110 billion in share repurchases and raised its quarterly dividend by a penny to 25 cents...

(Reuters) -Apple on Thursday reported a smaller than expected decline in quarterly revenue, and Chief Executive Tim Cook told Reuters the company expects a return to sales growth in the current quarter as it invests in AI features to be unveiled in the coming months. Apple increased its cash dividend by 4% and authorized an additional program to buy back $110 billion of its stock. Shares of Apple surged roughly 7% in extended trade after the report...

CUPERTINO, Calif., May 02, 2024--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...

The stock market today built on early gains. Apple rose ahead of earnings while Carvana shares catapulted on its results...

Cirrus Logic may face challenges ahead due to changing market conditions and its AAPL reliance. Click here to read an analysis of CRUS stock now...

The tech giant said it is aware of an issue where alarms do not play the expected sound...

Dark clouds are hanging over the iPhone maker, but investors should look to the future...

This has been a rough year so far for Apple investors, with the stock down about 11%. For the March quarter, analysts tracked by FactSet expect Apple to post revenue of $90.5 billion, down 4.5% from the year-ago quarter. Analysts expect $1.51 in earnings per share, down a penny from a year earlier...

Apple's revenue has been stagnant, but its margin has increased due to the growing services division. See why AAPL stock is a Sell...

Alibaba Group Holding Limited (NYSE:BABA) plans to construct a data center in Vietnam to meet legal requirements for local data storage and to cater to increasing demand in one of Asia’s fastest-growing economies. Currently, Alibaba rents server space from Vietnamese state-owned telecommunications companies Viettel and VNPT. The arrangement follows Vietnam’s contentious 2022 law mandating that companies store data within the country—a regulation that sparked resistance from major tech firms like...