Apple quarterly earnings beat Wall Street expectations amid Trump trade policy chaos
by Dara Kerr from Technology | The Guardian on (#6X0EV)
Trump said consumer electronics will be exempted from his soaring tariffs on China, though it is unclear for how long
Apple's second-quarter financials came in slightly higher than Wall Street's expectations on Thursday.
The tech giant reported revenue of $95.4bn, up more than 4% over last year, and earnings per share of $1.65, up more than 7%. Analysts had predicted revenue of $94.5bn and earnings of $1.62. The company, worth $3.2tn, has beaten Wall Street's expectations for the previous four quarters.
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