Apple Inc. (AAPL)
Apple plans to ‘significantly' grow AI investments and is open to M&A
Apple on Thursday signaled that it's getting more serious about its plans to catch up in the AI race.
Apple Beats Q3 Estimates With Strongest Revenue Growth Since December 2021
Apple stock jumps 3% after Q3 earnings beat, driven by iPhone 16 sales and China growth. Services and Mac also post strong gains, offsetting iPad weakness.
Apple reports biggest revenue growth since December 2021
Apple reported third-quarter earnings on Thursday that topped Wall Street expectations for profit and revenue. iPhone sales grew 13% year-over-year and overall revenue grew 10% — Apple's largest quarterly revenue growth since December 2021.
Apple tops estimates with record services revenue, strong iPhone and Mac sales
Apple Inc (NASDAQ:AAPL, ETR:APC) reported better-than-expected quarterly results on Thursday, driven by double-digit growth in iPhone and Mac sales and record revenue from its services division, sending shares up more than 3% in after-hours trading. Revenue for the fiscal third quarter rose 10% to $94.04 billion, beating Wall Street's estimate of $89.53 billion.
Apple crushes Wall Street expectations as iPhone sales soar
Apple on Thursday reported sales and profit that far surpassed expectations, showing that its efforts to re-route its sprawling global supply chain away from U.S. President Donald Trump's trade war have so far succeeded.
Apple's iPhone Sales Blow Past Estimates as Some Customers Raced to Beat Tariffs
The company's revenue was about 10% higher than the same period a year ago, showing an unexpected ability to weather tariff blows.
Qualcomm Post Earnings: Apple Is Falling From The Tree
Qualcomm reported Q2 earnings, and although it was a solid performance, the stock sold off. The market isn't happy with Apple's plan to phase out Qualcomm modems by 2027, risking a $7.5 billion annual revenue loss. Automotive and IoT now make up 30% of QCT revenue, but these gains are not enough to offset the looming Apple shortfall and muted handset demand.
Why Tony Zhang Sees Weakness in AAPL
Tony Zhang (@OptionsPlay) doesn't mince words: He sees weakness in Apple (AAPL). Tony doesn't believe the same strength seen in Microsoft (MSFT) and Meta (META) will be replicated by the iPhone maker.
Wall Street Breakfast Podcast: All Eyes On Amazon And Apple
Amazon and Apple report earnings today, with key focus on AI innovation, AWS margins, and Apple's China iPhone rebound. Treasury's 'Trump Baby Accounts' proposal sparks debate on Social Security privatization.
Not Interested in Apple or Amazon: I/O Fund's Kindig
Lead Tech Analyst at I/O Fund Beth Kindig says she isn't interested in Apple or Amazon as an AI investor. She explains where she does see potential and why she believes stocks like Arm and Meta are overvalued on “Bloomberg Tech.
Wall Street analyst expects Apple to hike the price of some new iPhone models by $50
Jefferies analysts predicted a $50 price increase for the iPhone 17 Pro models. The price hike would aim to offset tariff costs, likely affecting Pro and Pro Max models.
Investors Grow Impatient With Apple's AI Efforts
Wall Street is reportedly growing impatient with the pace of Apple's artificial intelligence efforts. Apple has not been transparent about its strategy, while its competitors have announced plans for new AI-centered data centers and devices, CNBC reported Wednesday (July 30).
