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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.
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 ...
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 ...
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.
Apple reported fiscal second-quarter revenue and earnings that surpassed analysts’ expectations, with higher-than-expected iPhone sales.
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 ...
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 ...
Apple reported better-than-anticipated earnings after the bell on Thursday on stronger-than-expected iPhone sales. But a murky outlook sent shares of the tech giant down 4% on Fri ...
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. ...
Apple’s shares slumped in after-hours trading despite stronger-than-expected earnings. Tariff uncertainties and regulatory challenges overshadowed robust quarterly results, with CEO Tim Cook calling ...
Despite the tariff headwinds, Apple reported solid finances in the January to March quarter. Revenue rose 5% in the first three months of the year to $95.4 billion, compared to the same period in ...
While the iPhone maker saw only “limited impact” from tariffs in the March quarter, Cook said Apple couldn’t forecast ... Special trivia deal ends June 4.