Apple Had Good Earnings and Is up 6% After Hours with $110 Billion in Share Buybacks
China was not as bad as feared. This is good news for the world economy.
Apple still spinning cash. $110 billion in stock buybacks instead of $90 billion. Services revenue was good. Overall, Apple still guiding for revenue growth in Q2 despite iphone down 10%. Apple should not mess up iPhone 16 like they did iphone 15. They teased imminent product and AI announcements.
Next Big Future
Apple Had Good Earnings and Is up 6% After Hours with $110 Billion in Share Buybacks
China was not as bad as feared. This is good news for the world economy.
Apple still spinning cash. $110 billion in stock buybacks instead of $90 billion. Services revenue was good. Overall, Apple still guiding for revenue growth in Q2 despite iphone down 10%. Apple should not mess up iPhone 16 like they did iphone 15. They teased imminent product and AI announcements.
open.substack.com/pub/nextbigfuture/p/apple-had-go…
1 year ago | [YT] | 6