Apple Inc. (AAPL)
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).
Apple is facing pressure from Wall Street to figure out its AI strategy
Apple analysts are starting to wonder how much time the company has to find an AI strategy before consumers rethink their iPhone purchases. OpenAI's May acquisition of Jony Ive's startup IO for $6.5 billion put added pressure on Apple.
Apple Manufacturing Academy opens in Detroit amid Trump pressure on US production
Apple is trying to bring machine learning to Motor City. The smartphone giant opened its Apple Manufacturing Academy in Detroit on Tuesday to offer free workshops on artificial intelligence and advanced manufacturing to small and medium-sized businesses.
Dividend Growth Stocks Are the New Tech Stocks — Here's Why
For young, growth-focused investors, perhaps dividend growth stocks are a better pick-up at current levels, especially as the red-hot AI stocks consider their next moves going into the turbulent month of September.
