Apple reported its strongest June quarter ever with revenue of $109.42 billion, up 16.36% year-over-year, and earnings per share of $2.02, beating expectations for the ninth consecutive quarter. Key growth drivers include a $54 billion hardware segment and a $30.74 billion services business with high margins and over 1.5 billion paid subscriptions. Apple's aggressive share buyback program and a large installed base of 2.5 billion active devices support rising per-share earnings and profitability. Despite some risks like tariff refunds and rising memory prices, analysts forecast Apple's stock could reach $400 and beyond, driven by strong demand and recurring revenue streams.
John Ternus, Apple's new CEO, will lead his first hardware event unveiling high-priced iPhones including a foldable model, alongside wearables and smart home devices. Despite strong recent revenue, investors worry about Apple's AI strategy, which cur...
The Invesco QQQ Trust ETF charged a steady 0.20% fee for years due to its unit investment trust structure, even as cheaper rivals emerged. This fee only decreased after shareholders approved a reclassification to an open-end fund structure at the end...
Apple is expected to unveil its first foldable iPhone, called the iPhone Ultra, at its September 9 event, more than five years after Samsung's first foldable phone. The device will feature a 5.5-inch cover display that unfolds to 7.8 inches, a dual-l...
Apple has changed its product release strategy from a single September event to multiple releases throughout the year, creating more opportunities for sales and customer upgrades. This move supports Apple's expanding ecosystem, now with over 2.5 bill...
Apple is gaining attention as a strong AI-adjacent stock due to its massive ecosystem of 2.5 billion active devices and new Siri AI running on custom silicon. The company posted robust Q3 2026 results with $109.42 billion revenue and a 16.36% year-ov...
