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Apple’s Solid Quarter Gives Stock A Needed Bump

02.05.2024 - 21:41

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Apple‘s fiscal Q2 numbers beat Wall Street estimates on the top and bottom line in a market that was waiting for them with some trepidation — mainly news of iPhone sales in China.

The dip there was less than anticipated. The stock is up more than 7% in after-hours trading. Apple shares had huge 2023 but the stock has been nearly along among the so-called Magnificent seven tech stock to lose ground so far in 2024.

Services revenue, which houses Apple TV +, music, games and a host of others platforms, was a standout with sales up $3 billion to $23.9 billion.

Execs may give some details on a call starting at 5 pm ET. The company announced a massive share buyback program and a dividend boost.

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variety.com

17.05.2024 / 07:57

Flourishing Films Boards Sales on Singapore-India Company Mumba Devi’s ‘Grand Sugar Daddy’ and ‘Not Today’ at Cannes (EXCLUSIVE)

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variety.com

17.05.2024 / 07:41

Digital Platform ‘The Gleaners and I’ Brings Agnès Varda to Next Generation of Filmmakers

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variety.com

17.05.2024 / 07:13

Carlos Saura’s ‘The Hunt’ Gets Modern-Day ‘Revision’ Which Rolls in July (EXCLUSIVE)

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manchestereveningnews.co.uk

17.05.2024 / 07:11

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manchestereveningnews.co.uk

17.05.2024 / 07:11

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17.05.2024 / 07:11

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17.05.2024 / 07:11

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17.05.2024 / 07:11

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17.05.2024 / 07:03

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17.05.2024 / 07:03

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dailyrecord.co.uk

17.05.2024 / 07:03

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17.05.2024 / 07:03

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17.05.2024 / 07:03

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manchestereveningnews.co.uk

17.05.2024 / 06:51

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17.05.2024 / 06:51

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17.05.2024 / 06:51

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17.05.2024 / 06:51

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17.05.2024 / 06:51

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17.05.2024 / 06:51

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17.05.2024 / 06:51

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17.05.2024 / 06:51

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deadline.com

17.05.2024 / 06:41

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deadline.com

17.05.2024 / 06:41

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17.05.2024 / 06:15

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17.05.2024 / 06:09

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17.05.2024 / 06:09

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justjared.com

17.05.2024 / 06:09

Pregnant Nina Agdal & Fiancé Logan Paul Make Red Carpet Debut, Shows Off Baby Bump

Nina Agdal and Logan Paul just made their red carpet debut together at the Sports Illustrated Swimsuit 2024 Issue Release and 60th Anniversary Celebration at Hard Rock Hotel New York on Thursday (May 16) in New York City.