Apple snapped out of a prolonged sales slump during its most recent quarter as the trendsetting company prepares to launch into the artificial intelligence craze with an arsenal of new technology that
Buffett manages a $400 billion equity portfolio for Berkshire Hathaway. One investment holding doesn't show up in the equity portfolio, and it keeps getting bigger.
The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index moved to the “Fear” zone on Thursday.
Apple shares sat out the rout in tech stocks on Friday, rising 0.3% in Frankfurt after the company said its third-quarter iPhone sales were better than expected and forecast more gains. ,
Bloomberg's Matthew Bloxham gives an overview of the earnings situation from tech companies as Amazon.com Inc. told investors that profits for now will take a back seat to heavy spending on artificial

4 Key Takeaways From Apple's Earnings Call

09:05pm, Thursday, 01'st Aug 2024
After Apple (AAPL) reported fiscal third-quarter results that topped analysts' expectations, CEO Tim Cook gave investors an update on the iPhone maker's artificial intelligence (AI) opportunities, ou
Apple's capital expenditures are far below its mega-cap peers and are growing at a much slower rate. Artificial intelligence is increasingly important at Apple, but the company takes a very different
Apple's latest quarter showed some resilience in services growth – and management noted the potential for artificial intelligence (AI) to help transform the company's efforts to build out its ecosys
Apple marked a return to revenue growth last quarter even as sales remained sluggish in China. Mark Gurman reports on Bloomberg Television.

Apple's iPad is having a moment

07:53pm, Thursday, 01'st Aug 2024
Apple's iPad revenue was up 24% year-over-year, according to its latest earnings report. Apple execs said the growth was driven by the new iPad lineup launched in May.
Apple reported strong FY24 Q3 earnings results. The company announced quarterly diluted earnings per share of $1.40, increasing by 11% compared to the previous year. Apple also reported a quarterly re
Apple Inc. (NASDAQ:AAPL ) Q3 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Suhasini Chandramouli - Director of IR Tim Cook - CEO Luca Maestri - CFO Conference Call Parti

Markets Tumble on

07:35pm, Thursday, 01'st Aug 2024
By the time the Fed next has a chance to cut rates, will it be too late? Plus earnings from Apple (AAPL), Amazon (AMZN) and more.
While the top- and bottom-line numbers for Apple (AAPL) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to W

Apple just bought itself some time

06:47pm, Thursday, 01'st Aug 2024
Apple reported a decline in iPhone revenue for its third quarter. But revenue, along with overall profit, still beat Wall Street's expectations.
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