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Apple’s Stock Pops On Earnings Beat, Unveils $100 Billion Share Repurchase Program
UPDATED throughout with details from the earnings call: Apple handily beat Wall Street’s expectations in its fiscal second quarter, thanks to double-digit gains in its services business, wearables and iPhone revenue.
The company reported quarterly earnings per share of $2.73, up 30% from a year ago and exceeding…
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Apple Reports Record Holiday Quarter Earnings, Revenue
Apple reported a record holiday quarter, buoyed by strong demand for its new generation of iPhones.
The Cupertino tech giant began shipping its anniversary edition iPhone X in November — and the company said sales of the $1,000 device have been robust. The phone’s higher price tag fueled revenue for the December…
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Apple’s Stock Sags Amid Reports Of Weaker Demand For iPhone X
Apple’s stock sagged today as some analysts lowered their iPhone X projections for the first quarter, citing weaker-than-expected demand for the $1,000 device during the holiday shopping season.
Chinese broker Sinolink Securities forecast shipments might be as low as 35 million — about 10 million fewer than previously…
Apple’s Tim Cook Says Augmented Reality Will “Change Everything”
Add Apple CEO Tim Cook to the list of Silicon Valley technologists who believe in the transformative power of augmented reality, saying it’s going to “change everything.”
Augmented reality — that technology that overlays virtual images and information onto the real world, like a magical television chyron — long has…
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