Thursday, May 4, 2023

Earnings: Apple Beats (AAPL)

So far in early after-hours trade the stock is up just about what it was down (-$1.66)during the regular session, $167.49 +$1.70 (+1.03%)

From Yahoo Finance:

Apple Q2 earnings beat expectations on better than anticipated iPhone sales

Apple (AAPL) announced its fiscal Q2 earnings after the bell on Thursday beating analysts' expectations on better than expected iPhone sales, though Mac and iPad sales fell short of estimates. Revenue fell 3% year-over-year

Apple, like other electronics makers, is dealing with declines PC and tablet sales. Semiconductor giants Intel (INTC) and AMD (AMD) both reported dramatic declines in chip revenue....

....MUCH MORE
And more to come.