Apple (AAPL) stock is getting a bump higher after topping its fiscal second-quarter earnings estimates. The tech giant posted adjusted earnings per share of $1.53 (beating expectation of $1.50) and revenue of $90.75 billion (just slightly above estimates of $90.33 billion estimate). Facing challenges in China's consumer market, iPhone sales notably declined 10% annually.
Maxim Group Managing Director and Senior Consumer Internet Analyst Tom Forte joins Yahoo Finance to discuss Apple's earnings results and its opportunities to find consistent revenue streams outside of its landmark iPhone devices.
"Apple needs to have a better narrative as it pertains to its AI plans, both to sell its smartphones, the next generation of iPhones, and also to sell its stock," Forte says. "I think that anything Apple can say right now on its AI plans and generative AI could be a boost even if it won't materially move smartphone sales for the company."
For more expert insight and the latest market action, click here to watch this full episode.
This post was written by Luke Carberry Mogan.
- 3:50Apple Q2 earnings: Key takeawaysYahoo Finance Video32,700 次觀看・3 小時前
- 1:13Amgen, DraftKings, Live Nation: Trending tickersYahoo Finance Video13,062 次觀看・3 小時前
- 4:31Coinbase tops Q1 estimates on revenue, earningsYahoo Finance Video12,830 次觀看・3 小時前
- 1:04April jobs report, Fedspeak, earnings: What to watchYahoo Finance Video6,985 次觀看・3 小時前
- 5:38Fed's messaging unleashed significant tailwinds: Apollo's SløkYahoo Finance Video5,481 次觀看・3 小時前
- 4:00Paramount is on the verge of a deal: How it got hereYahoo Finance Video6,309 次觀看・3 小時前
- 4:20Affordability crisis stunting home purchases: Zillow CFOYahoo Finance Video5,266 次觀看・3 小時前
- 5:33Fed policy 'restrictive,' but markets are 'buoyant': Fmr. Fed Pres.Yahoo Finance Video3,778 次觀看・3 小時前
- 4:48Apple earnings top estimates, iPhone sales fall 10%Yahoo Finance Video47,639 次觀看・3 小時前
相關影片推薦
- 1:58Wall Street ends higher as Fed signals dovish biasReuters Videos7,645 次觀看・2 小時前
- 0:41Politics won't influence Fed policy- strategistReuters Videos137,186 次觀看・5 小時前
- 0:46Market strategist debunks 'sell in May' strategyReuters Videos72,744 次觀看・5 小時前
- 1:27Peloton CEO steps down, company to cut 15% of jobsReuters Videos92,201 次觀看・7 小時前
- 1:23Best and Worst Things to Buy in August 2020moneytalks Videos4 年前
- 1:37Home Improvement Ideas That Cost Less Than $50moneytalks Videos4 年前
- 1:42Why Your Parents Retired Richer Than You Willmoneytalks Videos57,365 次觀看・4 年前
- 1:38How to Retire at the Earliest Possible Momentmoneytalks Videos4 年前
- 3:372020 resolutions for retirementYahoo Finance Video337,722 次觀看・4 年前
- 5:17Tips for end of year retirement planningYahoo Finance Video4 年前
- 3:48Iowa comes out on top as best state for retirementYahoo Finance Video944,198 次觀看・4 年前
- 3:37Bankrate study reveals most Americans are behind in retirementYahoo Finance Video4 年前
- 6:21What to Do if You Missed Your RMDMorningstar5 年前
- 1:02Effective Risk-Taking at This Intermediate-Term Bond FundMorningstar5 年前
- 1:40Equity Value in PG&E Possible Even in BankruptcyMorningstar5 年前
- 4:304 Dividend Opportunities for 2019Morningstar5 年前
- 1:08Business + Coffee: Trump trade war begins, June jobs report released, TSA hiringYahoo Finance Video625,838 次觀看・6 年前
- 5:22Mylan CEO: I'm excited about our pipelineYahoo Finance Video1,574,586 次觀看・6 年前
- 3:47Netflix crosses $100B market capYahoo Finance Video616,639 次觀看・6 年前
- 1:03Yahoo Finance's Morning Rundown, January 23Yahoo Finance Video6 年前
- 0:49Your bitcoin questions answered: How is bitcoin “mined”?Yahoo Finance Video698,226 次觀看・6 年前
- 1:02Yahoo Finance's Morning Rundown, January 22Yahoo Finance Video6 年前
- 0:53Yahoo Finance's Morning Rundown, January 19Yahoo Finance Video6 年前
- 1:07Yahoo Finance's Morning Rundown, January 18Yahoo Finance Video6 年前
- 2:43The Soaring Business of Nuclear Shelters in JapanWSJ7 年前
- 1:58Barron's Bounce: Celgene, Enterprise ProductsWSJ7 年前
- 2:17U.S. Senators Raise Concerns Over Myanmar's Rohingya ExodusWSJ7 年前
- 2:20Cadillac President Johan De Nysschen: How I WorkWSJ7 年前
- 2:32Aetna Said to Be Close to Humana DealBloomberg Video9 年前
- 4:14Court Votes 6-3 to Uphold Obamacare Tax SubsidiesBloomberg Video9 年前
- 2:08How Changing Demographics Will Change U.S. Labor MarketBloomberg Video9 年前
- 3:54Aetna Closing in on Humana DealBloomberg Video9 年前