Apple Profit Ebbs As IPhone Sales Under Pressure
Apple on Thursday said its quarterly profit ebbed but topped market forecasts as it announced an unprecedented $110 billion share buyback.
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Apple on Thursday said its quarterly profit ebbed but topped market forecasts as it announced an unprecedented $110 billion share buyback.
As expected, iPhone sales dropped with pressure growing from China and increased competition from Huawei.
Apple on Thursday said its quarterly profit ebbed but topped market forecasts as it announced an unprecedented $110 billion share buyback.
Apple on Thursday said its quarterly profit ebbed but topped market forecasts as it announced an unprecedented $110 billion share buyback.Shares were up nearly 6 percent to $183.20 in after-market trading, buoyed by the epic buyback program.
Apple on Thursday said its quarterly profit ebbed but topped market forecasts as it announced an unprecedented $110 billion share buyback. The iPhone maker reported a profit of $23.6 billion on $90.8 billion in revenue in the first three months of this year. "Given our confidence in Apple's future and…