News Formal

Apple's upbeat forecast pushes market value back toward US$1 trillion

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 66%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Apple Inc shares rose nearly 5 percent on Wednesday, pushing the iPhone maker's market valuation back toward US$1 trillion as its quarterly report ...

REUTERS: Apple Inc shares rose nearly 5 percent on Wednesday, pushing the iPhone maker's market valuation back toward US$1 trillion as its quarterly report and upbeat forecast soothed investors worried about falling iPhone sales.

Apple's shares ended 4.91per cent higher on Wednesday, valuing it at around US$969 billion, based on shares outstanding as of April 22. Though iPhone sales dropped 17per cent in the fiscal second quarter, the company's services revenue beat Wall Street expectations and it forecast an upbeat third quarter.Apple spent a record US$24 billion on buybacks during the quarter. Its buybacks last year https://tmsnrt.rs/2vyr2oi topped US$70 billion, or around five times its own spending on research and development.

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 6. in İT
 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Japan's Softbank to announce US$1 billion investment in delivery app Rappi on TuesdayJapan's Softbank is expected to announce on Tuesday a US$1 billion investment in Colombian delivery app Rappi, Brazilian financial blog Brazil ...
Fonte: ChannelNewsAsia - 🏆 6. / 66 Leggi di più »