Apple has approved a new US$100bn share buyback program

Forex Short News

Apple Q2 25 earnings, revenue and EPS beats:

  • revenue: $95.36B (est. $94.59B)
  • EPS: $1.65 (est. $1.62)
  • dividend per share: $0.26 (est. $0.26)
  • announces $100B share buyback

More, services revenue miss a worrying point:

  • iPhone revenue: $46.84B (est. $45.94B)
  • greater China revenue: $16.00B (est. $16.83B) … miss
  • services revenue: $23.87B (est. $26.72B) … a disappointment
  • Mac revenue: $7.95B (est. $7.75B)
  • iPad revenue: $6.40B (est. $6.12B)
  • products revenue: $68.71B (est. $67.84B)
  • Wearables, Home & Accessories: $7.52B (est. $8.05B) … miss
  • Total operating expenses: $15.28B (est. $15.17B)

This article was written by Eamonn Sheridan at www.forexlive.com.