Apple Stock Rallies After iPhone Maker's Better-Than-Feared Earnings
Apple shares rose 2% Friday morning, after the company reported stronger-than-expected earnings. Net income rose to $36.3 billion, topping analysts' estimates, as did earnings per share. iPhone sales fell nearly 1% on the year to $69.
Apple stock lifted following guidance for the current quarter after the company reported a drop in ​iPhone and China sales.
Solid results from Apple are buoying spirits, as investors brace for PCE inflation and weigh Trump's renewed tariff threat.
“Our record revenue and strong operating margins drove EPS to a new all-time record with double-digit growth and allowed us ...
Apple shares traded near flat in postmarket trading after the company reported better than expected earnings, but said that iPhone sales fell in the December quarter. Apple reported that iPhone sales ...
Apple's latest earnings have impressed some investment advisors, with Morgan Stanley inching its Apple stock price target up ...
Apple is set to report fiscal first-quarter results after the closing bell Thursday, with analysts watching for signs the ...
Apple shares rose 2% on Friday after a rosy forecast fuelled hopes of an iPhone sales rebound, even as tough competition and a lack of AI features weigh on demand in key market China.
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