AppleInsider News
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Apple charms investors with record $110B stock buyback, dividend hike

Alongside disclosing its earnings for Q2 2024, Apple also announced that it is increasing the dividend it pays to shareholders by 4%, and is also buying back more stock in one program than ever before. Apple Park During its quarterly earnings report, Apple's CFO Luca Maestri described "very high levels of customer satisfaction and loyalty," as reasons...

Fri May 3, 2024 01:25
Apple Vision Pro a big hit in enterprise

During the Apple earnings call, Apple CEO Tim Cook shared that half of Fortune 100 companies have purchased Apple Vision Pro units. Apple Vision Pro is making a splash in enterprise Apple Vision Pro is the first spatial computer from Apple and has proven to be a controversial entry in the product lineup. It launched in February 2024, and very little...

Fri May 3, 2024 00:33
Apple reversed its stock trajectory for the year in 30 minutes

Apple stock was having a tough year after some early gains — until investors erased the loss after Thursday's earnings report. Apple's share price has risen following its latest earnings report Investment firm Bernstein was right when it told clients to buy Apple stock because it was at an attractive low price. At the close of trading on Thursday,...

Fri May 3, 2024 00:23
Tim Cook dismisses misguided DOJ lawsuit in the shadow of strong earnings

Ahead of Apple's second-quarter earnings call, CEO Tim Cook addressed the ongoing antitrust lawsuit filed by the US Department of Justice, calling it "misguided." Tim Cook dismisses DOJ claims as "misguided" Apple's second-quarter earnings, which surpassed Wall Street predictions, highlight the company's financial strength and resilience. In the same...

Fri May 3, 2024 00:13
Apple CEO Tim Cook bullish on China, thinking long-term

After revealing Apple's Q2 earnings, CEO Tim Cook shared he "feels great" about China due to beating expectations in a competitive environment. iPhone doing well in China despite shrinking market Apple earned $90.8 billion in the March quarter, beating Wall Street estimates. The company saw an 8% sales drop year-over-year in China, but despite the...

Fri May 3, 2024 00:03
Apple trying to charm investors with biggest stock buyback yet & increased dividend

Alongside disclosing its earnings for Q2 2024, Apple also announced that it is increasing the dividend it pays to shareholders by 4%, and is also buying back more stock in one program than ever before. Apple Park During its quarterly earnings report, Apple's CFO Luca Maestri described "very high levels of customer satisfaction and loyalty," as reasons...

Thu May 2, 2024 23:53

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