Reported about 14 hours ago
Apple (AAPL) reported stronger-than-expected fiscal second quarter earnings, with adjusted earnings of $1.65 per share and revenue of $95.4 billion, surpassing estimates. iPhone revenue hit $46.8 billion, above the anticipated $45.9 billion, while services revenue fell short at $26.64 billion. Despite challenges in the Greater China market, Apple emphasized an all-time high for its active devices and a robust cash return strategy, including a $100 billion buyback authorization.
Source: YAHOO