Previous Close | 162.12 |
Open | 162.88 |
Bid | 161.36 x 0 |
Ask | 161.50 x 0 |
Day's Range | 159.32 - 160.76 |
52 Week Range | 149.20 - 182.50 |
Volume | |
Avg. Volume | 444 |
Market Cap | N/A |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | May 02, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
Apple (AAPL) stock is getting a bump higher after topping its fiscal second-quarter earnings estimates. The tech giant posted adjusted earnings per share of $1.53 (beating expectation of $1.50) and revenue of $90.75 billion (just slightly above estimates of $90.33 billion estimate). Facing challenges in China's consumer market, iPhone sales notably declined 10% annually. Maxim Group Managing Director and Senior Consumer Internet Analyst Tom Forte joins Yahoo Finance to discuss Apple's earnings results and its opportunities to find consistent revenue streams outside of its landmark iPhone devices. "Apple needs to have a better narrative as it pertains to its AI plans, both to sell its smartphones, the next generation of iPhones, and also to sell its stock," Forte says. "I think that anything Apple can say right now on its AI plans and generative AI could be a boost even if it won't materially move smartphone sales for the company." For more expert insight and the latest market action, click here to watch this full episode. This post was written by Luke Carberry Mogan.
Apple reported better-than-expected Q2 earnings and increased its dividend to $0.25 per share.
The Federal Reserve has elected to continue to hold rates steady, with Chair Jerome Powell echoing the decision suggesting rates will stay higher for longer in his press conference on Wednesday. Apple (AAPL) will report its fiscal second-quarter earnings after today's closing bell, with many eyes on Apple's performance in China after reported sluggishness in recent iPhone sales. Shares of Peloton (PTON) are moving higher in Thursday's pre-market session following reports of CEO Barry McCarthy's plans to step down. Yahoo Finance Reporters Jared Blikre, Dan Howley, and Madison Mills join the Morning Brief to break down the three things investors need to know ahead of May 2's market open. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino