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Apple's earnings saw growth across most products and a record for service revenue. The company also warned of potential tariff impact.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the ...
In April alone, iPhone shipments from India to the US rose 76 per cent year-on-year to reach approximately 3 million units. This sharp rise coincided with a 76 per cent drop in shipments from China ...
This followed a quarter in which Apple Inc. announced spectacular growth in its revenue from the U.S. App Store. In 2024, the company took in upwards of $10.1 billion in commissions. This marks a ...
The iPhone maker faces pressing questions on tariffs, supply chain, and more during its upcoming earnings call, analysts say.
Apple CEO Tim Cook said the Trump administration’s tariffs, if they remain at their current levels, will cost Apple about $900 million in the current quarter that runs through June.
In the second quarter, Apple's revenue of $95.4 billion is up 5% year-on-year from the $90.75 billion reported in Q2 2024. This is also above the Wall Street Consensus, which believed Apple would ...
That big Services quarter helped offset a slight decline ... Wearables, which includes Apple Watch and AirPods, reported a 4.94% decline in sales to $7.52 billion. Heading into Thursday, it ...
Apple is expected to face a string of questions over the delayed roll-out of key AI features and the impact of the Sino-U.S. tariff standoff on its business, when it reports results on Thursday.
Apple is slated to report fiscal second-quarter results after the market closes Thursday, with investors likely to be watching for clues on how shifting trade policies could impact the iPhone maker.
Overall, the quarter was solid. Apple grew revenue by 5% and earnings ... program and said it is boosting its quarterly dividend by 4% to $0.26 per share. Apple shares were down nearly 15% year ...
after falling 4% on Thursday following the company's earnings call. Apple generated $16 billion in revenue in the Greater China region in its fiscal second quarter; analysts were anticipating $16. ...