Reported about 19 hours ago
Apple's fiscal second-quarter results exceeded expectations, with revenues of $95.4 billion and net income of $24.78 billion, driven by a 2% rise in iPhone sales. The company announced a $100 billion share repurchase plan and a 4% dividend increase. However, CEO Tim Cook highlighted potential challenges from tariffs, forecasting modest revenue growth and noting a shift in iPhone production to India.
Source: YAHOO