Apple Inc.'s first-quarter earnings results Tuesday blew away analysts' estimates on the strength of its iPhone sales, lifting shares of the Cupertino-based company in after-hours trading.The company also said it would start shipping its Apple Watch wearable computers in April. Apple shares rose nearly 6 percent in after-hours trading, following the strong earnings results.

Topics:  apple inc   cupertino-based   apple watch   april   apple   earnings   strength   ship   iphone sales   after-hours   results   shares   company   analysts   
BING NEWS:
  • Apple stock pops 6% after results top estimates, company reveals $110 billion buyback
    Apple stock ... the tech giant reported earnings that beat forecasts, sales that fell less than feared, and announced a new $110 billion share repurchase plan. The iPhone maker reported late ...
    05/2/2024 - 10:52 pm | View Link
  • Apple can't tell you iPhone sales are booming, so it's talking about 'services.' That's a problem.
    Apple is boasting about its "services" revenue in Q2. It didn't boast about iPhone sales, which declined. Which is why Apple has been telling Wall Street "services" are an important growth ...
    05/2/2024 - 10:36 am | View Link
  • Apple Q2 2024 earnings: Analysts’ expectations exceeded but iPhone sales down
    Apple beat the analysts’ predicted revenue of $90 billion and earnings per diluted share of $1.50. iPhone sales, which usually buoy Apple’s results, took a hit this quarter, posting $46 ...
    05/2/2024 - 9:58 am | View Link
  • Apple earnings see 10% iPhone sales drop, massive buyback fuels stock jump
    Apple on Thursday reported a 10% drop in iPhone sales ... devices like Apple Watch, AirPods and HomePods. Most reports, however, point to worse than anticipated sales. The company still attempted ...
    05/2/2024 - 9:45 am | View Link
  • Apple earnings results: Tim Cook announces biggest-ever stock buyback of $110 billion as sales and EPS beat expectations
    Apple reported its fiscal second-quarter earnings on Thursday. The company beat on sales and earnings ... giant demonstrates its strength in segments beyond the iPhone," Bourne added.
    05/2/2024 - 9:42 am | View Link
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