Apple stock

2024 - 5 - 2

Apple Stock Soars to New Heights Despite iPhone Sales Dip

AAPL Apple - Buyback Program - Earnings Report - Generative AI - iPhone Sales - Stock Market - AAPL

Find out why Apple stock is on the rise despite a decline in iPhone sales and how the tech giant is making waves in the market.

Apple stock has been on a rollercoaster ride recently, with the tech giant narrowly beating Wall Street's estimates for its fiscal second quarter. Despite a 10% plunge in quarterly iPhone sales, Apple's stock soared after announcing better-than-expected earnings and a massive $110 billion stock buyback program. The market responded positively to Apple's resilience, driving the stock price up in late trading on Thursday.

Leading up to its crucial quarterly earnings report, Apple shares rallied 2% amid broader gains in the market. The Silicon Valley giant's quarterly results exceeded investor expectations, further fueling the upward momentum of Apple's stock. The announcement of the record-breaking stock buyback program added to the excitement, solidifying Apple's position as a powerhouse in the tech industry.

In the realm of stock market news, Apple's performance stood out as Nasdaq closed higher. The company's ability to surpass Wall Street estimates for revenue and net income was a significant achievement, showcasing Apple's ongoing financial strength. Despite the challenges posed by declining iPhone sales, Apple's innovative strategies and financial moves continue to impress investors and analysts.

Apple's $110 billion stock buyback plan, the largest in US history, marked a milestone in the company's financial history. This colossal buyback program, coupled with the announcement of a dividend hike, demonstrates Apple's confidence in its future growth. Despite the hurdles faced by the iPhone maker, the market's positive response to Apple's strategic decisions underscores the trust and optimism surrounding the tech giant.

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Image courtesy of "Investor's Business Daily"

Apple Edges Above Wall Street's Targets And Hikes Dividend ... (Investor's Business Daily)

Consumer electronics giant Apple narrowly beat Wall Street's estimates for its fiscal second quarter. Apple stock rose on the news.

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Image courtesy of "Forbes"

Apple Stock Rises 2% Ahead Of Earnings Amid Broader Gains (Forbes)

Apple shares rallied Thursday ahead of the Silicon Valley giant's crucial quarterly earnings report, headlining wider gains as the iPhone maker looks to reverse ...

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Image courtesy of "Barron's"

Apple Stock Jumps on Better-Than-Feared Earnings Report and ... (Barron's)

Apple shares gained ground in late trading Thursday after the company posted March quarter results that weren't as bad as the market had feared.

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Image courtesy of "Investopedia"

Apple Stock Jumps on Better-Than-Expected Earnings, $110 Billion ... (Investopedia)

Apple reported better-than-expected quarterly earnings and announced a $110 billion stock buyback program after the closing bell on Thursday.

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Image courtesy of "Yahoo Canada Finance"

Apple's quarterly iPhone sales plunge 10%, but stock price surges (Yahoo Canada Finance)

Apple on Thursday disclosed its steepest quarterly decline in iPhone sales since the pandemic's outset, deepening a slump that's increasing the pressure on ...

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Image courtesy of "BNN"

Apple's $110 Billion Stock Buyback Plan is Largest in US History ... (BNN)

Apple also reported quarterly results post-market Thursday that exceeded investor expectations. The company posted sales that were better than estimates and ...

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Image courtesy of "The Wall Street Journal"

Stock Market News, May 2, 2024: Nasdaq Closes Higher; Apple ... (The Wall Street Journal)

Apple stock rose in late trading Thursday after the company reported quarterly results that came in just ahead of Wall Street estimates for revenue and net ...

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Image courtesy of "Reuters"

Apple unveils record $110 billion buyback as results beat low ... (Reuters)

Apple's quarterly results and forecast beat modest expectations on Thursday, as the iPhone maker unveiled a record share buyback program, sending its stock ...

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Image courtesy of "CBS News"

Apple stock price surges on dividend, stock buyback news despite ... (CBS News)

Despite posting its steepest quarterly decline in iPhone sales since the beginning of the pandemic, Apple's stock surged Thursday after the company ...

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Image courtesy of "Aljazeera.com"

Apple iPhone sales plunge, as shares rise on dividend, stock ... (Aljazeera.com)

Apple's revenue has dipped for a fifth consecutive quarter, driven by the steepest decline in iPhone sales since the early days of the COVID-19 pandemic.

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Image courtesy of "The Wall Street Journal"

Jobs Report Today: Nonfarm Payrolls for April Due; Dow Futures Rise (The Wall Street Journal)

Apple stock rallied in premarket trading, after results narrowly beat estimates and the company touted a new $110 billion buyback program.

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Image courtesy of "Fast Company"

Apple's share buyback is the largest in U.S. history. Here's what that ... (Fast Company)

Yesterday, Apple revealed earnings for its fiscal second quarter. While iPhone sales were down almost 10%, the company's revenues and earnings per share ...

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Image courtesy of "Barron's"

Apple Stock Surges. Earnings Were a Huge Relief. (Barron's)

Apple stock is rising. Its earnings weren't the disaster some feared and the tech giant even sweetened the deal for investors with a $110 billion stock ...

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Image courtesy of "Financial Times"

Apple shares rise as revenue falls less than feared despite rocky ... (Financial Times)

But investors had feared this quarter could have been worse, and Apple's shares were up 6.5 per cent at the start of trading on Friday after the earnings ...

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Image courtesy of "Reuters"

Apple shares jump as record buyback, sales growth forecast lure ... (Reuters)

Apple shares jumped nearly 7% on Friday as the iPhone maker's record stock buyback plan and promise of sales growth brought back investors who have shunned ...

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Image courtesy of "CNBC"

Apple on pace for best day since 2022 after earnings beat, $110 ... (CNBC)

Apple shares popped on Friday after the company reported better-than-expected second-quarter earnings and the largest-ever stock buyback program.

Apple Announces Biggest Stock Buyback In History (Baystreet.ca)

Consumer electronics giant Apple (AAPL) has announced that it will buyback $110 billion U.S. of its own stock, the largest share repurchase program ever by ...

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Why Apple Stock Jumped on Friday (Motley Fool)

The tech giant accounts for an outsized portion of the broader earnings of the S&P 500, making it among the most closely watched companies when earnings season ...

Apple's stock is seeing its best day in 1.5 years, but an existential ... (Morningstar.com)

By Emily Bary. One analyst calls out 'very weak' talk on generative AI. Investors are breathing a sigh of relief on Friday after Apple Inc. disclosed that ...

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Image courtesy of "Quartz"

Apple stock spikes 7% on buyback and earnings — and Wall Street ... (Quartz)

Analysts are looking forward to Apple's widely expected AI announcement at its Worldwide Developers Conference next month.

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