Apple Q2 Earnings Beat Expectations, But Services and China Sales Disappoint
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Apple's fiscal second-quarter earnings beat revenue expectations at $95.36 billion, exceeding analyst predictions. However, the Services unit and Greater China sales fell short of forecasts, causing a more than 3% stock drop in after-hours trading. CEO Tim Cook will address investor concerns regarding manufacturing shifts from China to India, tariff impacts, iPhone sales, and Apple Intelligence plans during a conference call.
Apple's fiscal second-quarter earnings beat revenue expectations at $95.36 billion, exceeding analyst predictions. However, the Services unit and Greater China sales fell short of forecasts, causing a more than 3% stock drop in after-hours trading. CEO Tim Cook will address investor concerns regarding manufacturing shifts from China to India, tariff impacts, iPhone sales, and Apple Intelligence plans during a conference call.
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