Apple Q2 results: ‘I don’t expect significant upside from AAPL in H2’ - BitcoinEthereumNews.com
Shares of Apple Inc (NASDAQ:AAPL) popped up nearly 4.0% in after-hours trading as the iPhone maker reported its financial results for the second quarter that handily topped Wall Street estimates. Key takeaways from Apple Q2 results Ang netong kita ay umabot sa $25 bilyon kumpara sa nakaraang taon na halaga na $23.6 bilyon. Per-share earnings of $1.52 in fiscal Q2 were better than last years $1.40. At $97.28 billion, revenue shot up 8.59% YoY, as per the pahayag ng kita. Ang FactSet consensus ay para sa $1.43 ng EPS sa $93.89 bilyon na kita. iPhone revenue jumped 5.5% to $50.57 billion – ahead of Street expectations. $19.82 billion from services topped estimates and was up 17.28%. Mac revenue registered at $10.44 billion versus $9.25 billion anticipated. Gross margin climbed from 43.1% to 43.7% in the recent fiscal quarter. iPad revenue was also better-than-expected despite a 1.92% anualised decline. Lastly, revenue from “Other Products” grew 12.37% but still fell short of the consensus. Dan Ives reacts to Apple Q2 earnings report Apple hasn‘t offered guidance for revenue since the start of the COVID pandemic and continued the tradition on Thursday. On Closing Bell ng CNBC, Wedbush Securities’ Dan Ives said: I‘ll call it a Mike Trout/Tom Brady like quarter from an iPhone perspective. Services