![]() "We were thrilled by our performance in emerging markets," Cook said. EMERGING MARKETS OUTPERFORMĪpple CEO Tim Cook told Reuters in an interview on Thursday that the company set a fiscal second-quarter record for iPhone sales, thanks in part to picking up new users in markets such as India, where Cook recently traveled for the opening of that country's first Apple stores.Ĭustomers queue at the Apple Fifth Avenue store for the release of the Apple iPhone 14 range in Manhattan, New York City, U.S., September 16, 2022. The board authorized a $90 billion share repurchase program, same as a year ago. Investors see the company as a defensive play during a time of economic uncertainty.Īpple raised its dividend to 24 cents a share, up from 23 cents a share a year ago. Analysts were expecting a 2.1% increase to $84.7 billion for the company's June-ending fiscal third quarter.Īpple's stock has outperformed most of Wall Street in 2023, up 28% year-to-date. But he also said Apple's revenue will likely decline slightly. Global smartphone shipments fell 13% during the first three months of 2023, according to research firm Canalys, which said Apple gained market share against Android rivals.Ĭhief Financial Officer Luca Maestri said Apple's gross margin will be between 44% and 44.5%, above estimates of 43.7%, according to Refinitiv data. IPhone sales were up 1.5% to $51.3 billion, besting expectations for a 3.3% drop even as consumers and businesses tightened up spending due to rising inflation. Profit was flat at $1.52 per share, compared with estimates of $1.43 per share. The company's results contrast with disappointing figures out of big chipmakers due to a slower-than-expected rebound in China's economic growth.Īpple executives on Thursday said gross profit margins for the current quarter would be better than forecast despite an expected dip in revenue as supply-chain issues have improved.Īpple said sales for its fiscal second quarter ended April 1 fell 2.5% to $94.8 billion, ahead of expectations for a 4.4% decline, according to Refinitiv data. company by market value rose 2% after Apple exceeded Wall Street's expectations for revenue and profit for the April 1 quarter. If you are an investor who also relies on the native calendar on your iPad or iPhone, Earnings Calendar for iPad may be worth a look.May 4 (Reuters) - Apple Inc's (AAPL.O) results beat expectations on Thursday, showing off the tech giant's resilience in a slowing global economy thanks to better-than-expected iPhone sales and notable inroads in India and other newer markets. While there are many websites what will add alerts to your Yahoo! or Google calendar, this app adds announcements to your Apple calendar. ![]() The app costs $4.99, which some users may scoff at. Being able to add alerts to your Apple calendar makes up for this, to a certain extent. There are a few features we would like to see added-namely, a watch list that lists the companies you follow and their announcement dates. Earnings Calendar for iPad can help you with that. For this reason, it is important to stay abreast of the announcement schedules of the stocks in your portfolio. You can add an earnings date to your calendar and then choose to receive an alert one hour, one day or one week prior to the announcement.Įarnings announcements are important events for a company and can have a lasting impact on stock prices. Lastly, the Lookup News tab provides additional news items from The Motley Fool.Īrguably the most useful feature of Earnings Calendar is the ability to add alerts to your Apple calendar regarding company earnings announcements. There is no means of customizing the chart, so you are left with the default RSI indicator, 50- and 200-day moving averages and MACD. ![]() The View Chart tab provides a six-month daily candlestick chart from. There are also basic intraday, six-month and one-year charts, along with recent news headlines for the company. This includes the dollar and percentage change for the day, trading volume, the opening price for the day and the 52-week high and low. The Get a Quote tab offers a detailed quote from the The Street mobile. Tapping on an individual stock from the listing takes you to its Stock Detail page, where three sub-tabs provide additional information. The table shows each company’s earnings estimate for the period and lets you know when the company is expected to announce. By default, the list is sorted alphabetically from A to Z. When you open it, you are given a listing of all the companies announcing their earnings for the current day. Earnings Calendar is a relatively new app for the iPad and iPhone that allows you to see all of the companies announcing their earnings on a given day or to seek out individual stocks to see when they are next announcing earnings.
0 Comments
Leave a Reply. |