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Apple Pops 5% on Q2 Beat: Has the iPhone Maker Found Its Growth Story Again?
13 Articles
13 Articles
Apple Pops 5% on Q2 Beat: Has the iPhone Maker Found Its Growth Story Again?
The post Apple Pops 5% on Q2 Beat: Has the iPhone Maker Found Its Growth Story Again? appeared first on 24/7 Wall St.. Quick Read Apple (AAPL) reported Q2 fiscal 2026 revenue of $111.2B, up 17% year-over-year, with iPhone revenue hitting a March-quarter record of $56.99B and Services reaching an all-time record of $30.98B. Apple’s strong earnings have reignited its growth story after lagging the Magnificent 7, with the AI-driven iPhone 17 ref…
The Cupertino Group's smartphones continue to sell enormously well, especially in China. However, the lack of memory chips is likely to make an effort in the near future.
Apple’s iPhone revenue hits $57B in Q2, causing slight dip in its stock
For the fiscal-second quarter ended March 28, Apple said it earned an adjusted $2.01 per share as revenue rose 17% year-over-year to come in at $111.18B, News.Az reports, citing foreign media. *** Revenue related to the iPhone came in at $56.99B, slightly above the $56.98B estimate. Overall product revenue was $80.21B, slightly above the $79.26B estimate. Mac revenue during the quarter was $8.4B, as sales rose 5.7% year-over-year, above the $8.1…
Photo: REUTERS/Maxim Shemetov Apple has published its financial report for the first quarter of 2026. In the first three months of this year, the American technology company's revenue amounted to $ 111 billion, exceeding analysts' forecasts. After the publication of financial results, in extended trading, Apple's share price increased by about 3%. Despite the positive overall revenue figure, for the second time in the last three quarters, iPho…
Apple officially abandons its ‘net cash neutral’ policy; could lead to accelerated buybacks and dividends
Apple Park in Cupertino, California In a notable evolution of its financial strategy, Apple has formally abandoned its "net cash neutral" target during Thursday's fiscal second quarter 2026 earnings discussion. The move marks the end of a policy first announced in early 2018, when the company aimed to bring its massive cash pile (then $163 billion in net cash) roughly in line with its debt through aggressive share buybacks and dividends. At the …
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