Apple’s stock surged nearly almost 5% on Friday, hitting a nine-month high and on track for its biggest one-day gain since November after the world’s most valuable company posted quarterly results that cheered investors worried about a looming recession. Noel Randewich for Reuters: The world’s most valuable company reported lower revenue and profits for the quarter ending April 1, but still beat analysts’ expectations. With Apple’s results helped by emerging markets like India, executives said gross profit margins for the current quarter would be better than forecast. Apple’s stock market value climbed by over $100 billion to about $2.7 trillion, extending its lead over Microsoft, the world’s second most valuable company, at $2.3 trillion. Last trading at $173.48, the Cupertino,…
A user on Reddit has shared an incredible story on how the Apple Watch helped save their mom’s life. According to Reddit user Xanderpy, their mom was on a business trip and staying at a hotel when she started feeling pain in her chest. more… The post Apple Watch helps save woman’s life after collapsing in a hotel room from a ruptured aorta appeared first on 9to5Mac.
Apple CEO Tim Cook said the company beat Wall Street's sales and revenue expectations in the second fiscal quarter, boosted by higher-than-anticipated iPhone sales helped by Indian customers switching over from Android.The iPhone led sales for Apple in the second quarterThe company has not provided formal guidance, which has been its practice since 2020 during the onset of the Covid-19 pandemic. But Apple executives — per tradition — will discuss the company's financial results in a call with analysts on Thursday. Read more...
Apple CEO Tim Cook said the company beat Wall Street's sales and revenue expectations in the second fiscal quarter, boosted by higher-than-anticipated iPhone sales helped by Indian customers switching over from Android.The iPhone led sales for Apple in the second quarterThe company has not provided formal guidance, which has been its practice since 2020 during the onset of the Covid-19 pandemic. But Apple executives — per tradition — will discuss the company's financial results in a call with analysts on Thursday. Read more...
Apple CEO Tim Cook said the company beat Wall Street's sales and revenue expectations in the second fiscal quarter, boosted by higher-than-anticipated iPhone sales helped by Indian customers switching over from Android.The iPhone led sales for Apple in the second quarterThe company has not provided formal guidance, which has been its practice since 2020 during the onset of the Covid-19 pandemic. But Apple executives — per tradition — will discuss the company's financial results in a call with analysts on Thursday. Read more...
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