Apple Q2 earnings: Key takeaways

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 72 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 39%
  • Publisher: 63%

Dan Howley News

Apple,Quarter Expectations

Apple (AAPL) shares are rising in after-hours trading after topping Wall Street's second quarter expectations. Yahoo Finance Technology Editor Dan Howley...

Howley highlights key successes such as an all-time services revenue high, coming in at $23.87 billion, up from $20.91 billion. Mac also performed higher than anticipated, totaling $7.45 billion from its previous $6.79 billion. China's sales still lag, but they came in at $16.37 billion, higher than the Street's anticipated $15.87 billion.

While the iPhone, iPad, and wearables missed expectations this quarter, Apple stock received a boost after the company announced an increased dividend to $0.25 per share alongside the authorization of $110 billion for share repurchases. -- Advanced Micro Devices Inc. shares declined as much as 8.1% after the chipmaker gave a disappointing forecast for artificial intelligence processors, a lucrative market now dominated by Nvidia Corp.

This dividend stock is near 52-week highs, but still down from all-time highs, with a highly valuable P/E ratio you won't want to miss. The post 1 Magnificent Dividend Stock That’s Down 21% and Trading at a Once-in-a-Decade Valuation appeared first on The Motley Fool Canada.TFSA investors could capitalize on these top Canadian stocks to generate tax-free capital gains and dividend income. The post TFSA: 3 Canadian Stocks to Buy and Hold Forever appeared first on The Motley Fool Canada.

TORONTO — Canada’s financial-crime watchdog has levied a $9.2-million penalty against The Toronto-Dominion Bank for non-compliance with money laundering and terrorist financing measures as the bank also faces compliance investigations in the U.S. The penalty by the Financial Transactions and Reports Analysis Centre of Canada, or Fintrac, comes after it imposed a $7.5-million fine against RBC and a $1.3-million fine against CIBC, both of which were announced in December.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Apple Named a Top 2024 Pick at BofA Ahead of Key Earnings(Bloomberg) -- Apple Inc. was named a top pick for 2024 at Bank of America on optimism over the iPhone maker’s upcoming results, as well as its longer-term...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Apple Named a Top Pick for 2024 at BofA Ahead of Key EarningsApple Inc. was named a top pick for 2024 at Bank of America on optimism over the iPhone maker’s upcoming results, as well as its longer-term prospects.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Apple earnings on tap, investors digest Fed decision: Yahoo FinanceIt's a busy day on Wall Street with investors bracing for earnings from numerous top names, including Apple (AAPL), Coinbase (COIN), Block (SQ), DraftKings (...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »