Net income growth is a mirage. Apple's headline metric showed a 2% growth in net income on a YoY basis which seems a good number when we consider that the revenue base declined by 1.4% in this period.

Apple Inc. said Monday that net income for the most recent quarter soared 70 percent on strong sales of iPhones, though iPad sales fell short of expectations. Shares fell in after-hours trading ...

Apple posted a decline in net income Monday despite increasing revenues boosted by stronger sales of iPhones and iPads. Apple sold 33.8 million iPhones in the three months ended Sept. 30, a ...

The tax charge sent Apple’s net income for its 2024 fiscal year to $93.7 billion, technically the company’s lowest net income since its fiscal year ending September 2020. Key Background.

If these two traded at the same valuation, Alphabet's stock would be worth more than Apple's. While Apple gets a premium ...

The company reported revenue of $94.8 billion, down 3%, and net income of $24.2 billion ($1.52 per diluted share), a 3.4% year-over-year drop, for the quarter ended April 1, which is Apple’s Q2 ...

The paparazzi may have moved on to Apple’s sexy new iPad, but the iPhone is still Wall Street’s darling. Apple said Tuesday it sold a record 8.8 million of its popular smart phones in the ...

Apple earned almost $185,000 a minute last year. Revenue is not the full picture, of course. Net income, also called profits or earnings, is what is left after expenses such as cost of goods sold ...

Apple also signaled sales are likely to grow this quarter, ... Apple Stock Jumps After Revenue, Net Income Beat Estimates. By. WSJ Staff. Apple unveiled a new, $110 billion buyback program.

Apple says its net income in the most recent quarter jumped 90 percent, helped by strong iPhone and Macintosh computer sales. Its results blew past Wall Street's expectations.

SEATTLE -- Apple Inc. said Monday that net income for the most recent quarter soared 70 percent on strong sales of iPhones, though iPad sales fell short of expectations. Shares fell in after-hours ...

Apple stock rose in late trading Thursday after the company reported quarterly results that came in just ahead of Wall Street estimates for revenue and net income. Shares in Apple were recently up 6%.