Apple crosses a $4T market cap in intra-day trading, making it only the third public company ever to reach the milestone; AAPL is up 56% since its April low
Joining Microsoft And Nvidia Quartz : Apple hits $4 trillion market cap amid Wall Street rally and strong early iPhone 17 sales Dennis Sellers / MacTech.com : Apple's market capitalization briefly sur...
Apple reports Q2 revenue down 4% YoY to $90.75B, net income down 2% to $23.64B, and announces a $110B share buyback, its largest yet; AAPL jumps 5%
Services revenue reaches new all-time record — EPS sets March quarter record — Apple® today announced financial results …
Meta's stock drops 10%+ on weak Q2 revenue guidance and increasing FY 2024 capital expenditures from $30B-$37B to $35B-$40B due to AI infrastructure investments
should investors consider buying? Kathleen Gallagher / Business Post : Shares in Meta plummet as it forecasts spending spree TJ Denzer / Shacknews : Facebook (META) issues Q2 2024 revenue guidance bel...
The US DOJ compares Apple's 2023 $77B buyback program to spending half as much on R&D, emphasizing an insulation from rivals and a lack of incentive to innovate
“In the last fiscal year, Apple spent twice as much buying back its own shares as it did on R&D. Over the past 10 years the size of its buyback scheme dwarfs both its R&D spend and the buyback schemes...
Meta reports Q4 revenue up 25% YoY to $40.1B, net income up 201% YoY to $14B, and family daily active people up 8% YoY to 3.19B for December 2023
Meta Platforms (META Quick Quote META - Free Report) … Salvador Rodriguez / Wall Street Journal : Facebook Parent Meta Initiates Dividend as Growth Continues Jonathan Vanian / CNBC : Mark Zuckerberg s...
Apple Q1 revenue: iPhone up 6% YoY to $69.7B, Mac up 1% YoY to $7.78B, iPad down 25% YoY to $7.02B, and Wearables, Home, and Accessories down 11% YoY to $11.95B
sort of Ed Hardy / Cult of Mac : Strong iPhone sales power Apple back to revenue growth Larry Dignan / Constellation Research : Apple Q1 better than expected, services strong as product lines mixed Al...
Apple's stock dropped 11% since its Q3 results on August 3, erasing nearly $400B in value, the first year since 2015 that AAPL slid between WWDC and Q4 earnings
Worries about China and the future of a lucrative Google relationship could outlast even a strong earnings report
Airbnb reports Q2 revenue up 18% YoY to $2.48B, vs. $2.42B est., $650M net income, gross bookings up 13% YoY to $19.1B, and projects Q3 revenue above estimates
A reconciliation of non-GAAP financial measures to the most comparable … Twitter: @thetranscript_ : Airbnb with a double beat: “During Q2 2023, we had 115.1M Nights and Experiences Booked—our highest ...
Apple reports Q2 revenue for its Services segment, which includes Apple TV+ and Apple Music, grew 5.5% YoY to $20.9B and its board approves a $90B share buyback
Yep. Tim invested heavily in services, he knew hardware that was just evolutionary couldn't drive the stock. Predictable revenue streams from services? Good content to fuel those subscriptions? … @...
Apple reports record Q3 revenue of $83B, up 2% YoY, vs $82.8B est., net income down 11% to $19.4B, iPhone revenue up 3% to $40.7B, Mac revenue down 10% to $7.4B
people coming from Android - saw double-digit growth) Joanna Stern / @joannastern : “We didn't have enough product to test the demand,” Cook says of impact of inflation and other macroeconomic trends ...