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Services revenue impressed, while iPhone demand was better than feared. Analysts are encouraged.
The tech giant beat estimates with the help of a big quarter for its wearables businesses, and offered a better-than-expected outlook for its September quarter, which is expected to see three new iPhones launch.
AAPL needs to be evaluated as an ecosystem and not as a cyclical hardware company.
Apple shares traded at the highest level in nine months Wednesday after the tech giant shrugged off a slide in iPhone sales to produce better-than-expected second quarter earnings and a robust outlook into the final months of its financial year.
Shares of GPS systems and devices maker Garmin surge after the company reports second-quarter earnings that surpass analysts' forecasts, and raises its guidance for the remainder of the year on expected strong sales.
Understand that the expected Fed rate cut today is not about recent economic performance in the least.
Improvements in China and wearables growth were two bright spots in Apple's third quarter earnings. Watch the video for more.
Conditions are good for a 'sell the news' reaction, but with the Fed, it is never simple.
Let's see, let' try to do some back of the envelope algebra.
U.S. stock futures rise, getting a lift from Apple, which was higher after the tech giant beat earnings expectations, and as Wall Street prepares for the first interest rate cut from the Federal Reserve in more than a decade; GE, Qualcomm and Humana report earnings.
U.S. equity futures nudged higher Wednesday, supported by better-than-expected Apple earnings and hopes that the Federal Reserve will signal a series of interest rate cuts into the second half of the year, both of which offset a rough start to trade talks between Washington and Beijing.
Aside from getting news on a potential rate cut, Wednesday will be a big test: With Apple so strong after hours, and a likely index-mover, we'll find out whether it will suck the life out of the rest of the market, making the decent breadth and outperformance by the small caps reverse again.
Jim Cramer says the markets were undermined by President Trump's tweets on China trade talks. Will the Fed's short-term rate cut help us out?
Members should stay focused on the longer-term dynamics at work with AAPL, including a growing recurring revenue services stream that will provide boost margins and allow for an expanded multiple, and Apple's commitment to becoming net-cash neutral.
On a call with investors, CEO Tim Cook said that the sales trajectory in China is looking good. After heavy losses in the past two quarters, growth returned in China on a constant currency basis.
TheStreet and Real Money columnist Eric Jhonsa breaks down Apple's latest quarterly earnings report and call with investors.
Apple created the credit card in partnership with Goldman Sachs.
Apple accelerates to the trillion dollar mark after earnings.
The tech giant reported record revenue from its services and wearables divisions.
Tuesday was one of those days, as small caps outperformed, while the senior indexes were down, and everyone was waiting on the Fed interest-rate decision.
Apple® today announced financial results for its fiscal 2019 third quarter ended June 29, 2019.
Stocks decline Tuesday as investors digest a plate full of earnings reports, the start of the two-day Fed meeting, and President Trump's remarks doubting the success of U.S. trade talks with China.
NXP and many other chip stocks still trade at reasonable valuations. But the group's margin of safety has diminished some following recent gains, and industry news remains pretty mixed.
Portfolio names Lam Research and Twilio report Wednesday, Dupont and Shopify on Thursday.
Significant topics include Apple's plan for Intel's smartphone modem business, which it recently acquired for $1 billion, along with updates on Apple's growing services segment.
Jim Cramer's got some advice for investors who are looking to trade Apple after earnings.
Jim discusses earnings from BP and Mastercard, previews tonight's earnings from Apple and Amgen, and more!
Jim Cramer's weighing in on Apple's earnings, the Fed and Beyond Meat's quarter.
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