Apple (AAPL) to Launch Next iPhones a Few Weeks Later Than Usual - Bloomberg, Citing Call

Go back to Apple (AAPL) to Launch Next iPhones a Few Weeks Later Than Usual - Bloomberg, Citing Call

Apple delivers blowout earnings amid COVID-19, market shrugs off iPhone delays

July 30, 2020 4:35 PM EDT

By Stephen Nellis

(Reuters) - Apple Inc (NASDAQ: AAPL) on Thursday delivered blowout quarterly results, reporting revenue gains across every category and in every geography as consumers working and learning from home during the COVID-19 pandemic turned to its products and services.

The report topped Wall Street expectations, with even long-overshadowed categories like iPads and Macs getting a boost. Shares rose as much as 6% in extended trading after the results.

The fiscal third-quarter results, which included iPhone sales some $4 billion above analyst expectations, came on the same day that U.S.... More

Apple (AAPL) Tops Q3 EPS by 54c, Revenues Beat; Announces 4-for-1 Stock Split

July 30, 2020 4:30 PM EDT

Apple (NASDAQ: AAPL) reported Q3 EPS of $2.58, $0.54 better than the analyst estimate of $2.04. Revenue for the quarter came in at $59.7 billion versus the consensus estimate of $52.25 billion.

The Board of Directors has also approved a four-for-one stock split to make the stock more accessible to a broader base of investors. Each Apple shareholder of record at the close of business on August... More