The headline numbers for Apple (AAPL) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Amazon and Apple are reportedly considering increasing their ad spending on social media platform X.
A last-minute swing toward the upside in trading ahead of the session close has kept a Trump announcement on new tariffs at bay for now.
Apple Inc. reported record fiscal Q1 earnings, but growth was modest and shares remain expensive despite a recent pullback. Apple's product revenue is almost stagnating, while services revenue grows at a decent but not exceptional rate compared to peers. Earnings per share growth is driven by buybacks, partially funded by debt, which is unsustainable over the long term.
Apple's iPhone sales may be down, but the company's Services division, which includes the App Store, iCloud, Music, TV+, and other subscriptions, is still soaring.
Apple (AAPL) came out with quarterly earnings of $2.40 per share, beating the Zacks Consensus Estimate of $2.36 per share. This compares to earnings of $2.18 per share a year ago.
Nabila Popal, IDC senior director of data and analytics, reacts to Apple's surprise sales declines for both the iPhone and its China business during the pivotal holiday season on "Bloomberg The Close." Apple said revenue from China plunged 11% to $18.5 billion in the fiscal first quarter.
Apple Inc. reported a small revenue beat for the holiday fiscal Q1 period, but beat a bit more on the bottom line. Analysts had been cutting estimates recently, based on iPhone sales struggles, and the smartphone fell a bit short of Q1 Street estimates. Current AAPL quarter guidance was at best in-line, with currencies hurting, so hopes for a growth takeoff will take a while to play out.
The stock market rally faded Thursday, as Wall Street reacted to President Trump's tariffs on Canada and Mexico. Apple fell on earnings late.
Apple (AAPL) earnings look a bit meager to justify the stock's heady valuation, says OJ, but one big market does seem to be firming: bonds. ======== Schwab Network ======== Empowering every investor and trader, every market day.
The 'Fast Money' traders talk what they are seeing out of Apple this quarter and what it means for the stock.
Gene Munster, Deepwater Asset Management, joins 'Fast Money' to talk Apple earnings, including Apple Intelligence, global sales, and Apple services.