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<Results>Apple 2FQ Rev. Beats, Raises Div.; But Greater CN Sales Miss; Shrs Dive ~3% After Hrs
Apple (AAPL.US) reported after Thursday’s close that its 2FQ revenue hiked 5% YoY to USD95.4 billion, surpassing expectations of USD94.66 billion. Greater China sales reached...
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<Results>Apple 2FQ Rev. Beats, Raises Div.; But Greater CN Sales Miss; Shrs Dive ~3% After Hrs
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Apple (AAPL.US)      reported after Thursday’s close that its 2FQ revenue hiked 5% YoY to USD95.4 billion, surpassing expectations of USD94.66 billion. Greater China sales reached USD16 billion, below the anticipated USD17 billion. Diluted EPS was USD1.65, up 8% YoY, beating estimates of USD1.63. The stock dived about 3% after hours.

CEO Tim Cook stated that roughly half of iPhones sold in the U.S. are now imported from India, with most other products, like iPads, sourced from Vietnam due to lower tariffs compared to China. Cook noted that Apple still manufactures the majority of products sold globally in China, with iPhones incorporating many U.S.-made chips.

Related NewsNon Farm Payrolls for Apr in United States is 177K, lower than the previous value of 185K. The forecast was 130K.
Apple raised its dividend, declaring a cash dividend of USD0.26 per common share, up from USD0.25 previously.
(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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