Thursday, July 10, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Apple beats Wall Street estimates despite supply chain disruptions

by Euro Times
April 28, 2022
in Finance
Reading Time: 3 mins read
A A
0
Home Finance
Share on FacebookShare on Twitter


Apple (AAPL) reported its Q2 2022 earnings after the bell Thursday, beating analysts expectations on the highest and backside line and recording document income regardless of continued provide chain disruptions.

Listed here are crucial numbers from the report in comparison with what Wall Avenue was anticipating, as compiled by Bloomberg.

  • Income: $97.3 billion versus $93.98 billion anticipated

  • Adjusted EPS: $1.52 versus $1.42 anticipated

  • iPhone income: $50.57 billion versus $49.16 billion anticipated

  • Mac income: $10.44 billion versus $9.23 billion anticipated

  • iPad income: $7.65 billion anticipated $7.19 billion anticipated

  • Wearables income: $8.81 billion versus $8.98 billion anticipated

  • Companies income: $19.82 billion versus $19.78 billion anticipated

Apple shares have been principally flat following the report.

“This quarter’s document outcomes are a testomony to Apple’s relentless deal with innovation and our capacity to create the perfect services on this planet,” Apple CEO Tim Cook dinner mentioned in a press release.

“We’re delighted to see the sturdy buyer response to our new merchandise, in addition to the progress we’re making to change into carbon impartial throughout our provide chain and our merchandise by 2030. We’re dedicated, as ever, to being a power for good on this planet — each in what we create and what we go away behind,” Cook dinner mentioned.

Apple’s report comes amid a blended bag of tech earnings during which corporations like Netflix (NFLX) and Meta (FB) have fallen wanting expectations, whereas corporations like Microsoft (MSFT) managed to surpass Wall Avenue estimates.

Apple largely prevented falling sufferer to provide chain disruptions all through the pandemic. In Q1, the corporate smashed Wall Avenue expectations, although CEO Tim Cook dinner did say provide chain issues negatively impacted iPad availability. CFO Luca Maestri, in the meantime, indicated that the iPhone and Mac product traces have been additionally coping with provide chain points.

Past its quarterly efficiency, Apple continues to deal with regulatory strain associated to its App Retailer each within the U.S. and overseas. The European Union is rolling out new laws that might power Apple to permit app builders to supply their very own fee strategies by way of their apps, which may affect the corporate’s Companies enterprise.

The U.S. can be contemplating comparable laws, although Congress is way additional behind within the technique of placing the proposed regulation into impact.

Extra from Dan

Observe Yahoo Finance on Twitter, Fb, Instagram, Flipboard, LinkedIn, YouTube, and reddit

Received a tip? Electronic mail Daniel Howley at [email protected]. Observe him on Twitter at @DanielHowley.





Source link

Tags: ApplebeatschainDisruptionsestimatesStreetsupplyWall
Previous Post

DJI insisted AeroScope signals were encrypted — now it admits they aren’t

Next Post

Aave Founder Returns to Twitter After Ban-Worthy Joke

Related Posts

Reagan’s Trade Gamble: The Story Behind the Voluntary Export Restraints

Reagan’s Trade Gamble: The Story Behind the Voluntary Export Restraints

by David Hebert, Marcus M. Witcher
July 10, 2025
0

Ronald Reagan deserves a lot reward for his stalwart dedication to free commerce and decreasing commerce obstacles. Even his most...

Cattle Extending Push to Contract Highs on Wednesday

Cattle Extending Push to Contract Highs on Wednesday

by Barchart
July 9, 2025
0

Reside cattle futures are 22 cents to $1 larger on Wednesday. Money commerce noticed very mild $225 Southern motion reported...

Kotak Mahindra Bank aims asset growth at up to 2x India’s nominal GDP: CEO Ashok Vaswani

Kotak Mahindra Bank aims asset growth at up to 2x India’s nominal GDP: CEO Ashok Vaswani

by Saloni Shukla
July 9, 2025
0

Kotak Mahindra Financial institution goals to develop its belongings at 1.5 to 2 instances India’s nominal GDP, Managing Director and...

Boost for first-time buyers as ‘mortgage lending reins loosened’

Boost for first-time buyers as ‘mortgage lending reins loosened’

by Vicky Shaw
July 9, 2025
0

Signal as much as our free cash publication for funding evaluation and skilled recommendation that will help you construct wealthSignal...

FXPrimus Launches Synthetic Indices – Setting a New Standard for High-Intensity, High-Risk Trading

FXPrimus Launches Synthetic Indices – Setting a New Standard for High-Intensity, High-Risk Trading

by FinanceWire
July 9, 2025
0

Limassol, Cyprus, July ninth, 2025, FinanceWire FXPrimus, a number one world brokerage, proudly declares the launch of Artificial Indices; devices...

Coffee Break: Armed Madhouse – The Stab in the Back

Coffee Break: Armed Madhouse – The Stab in the Back

by Haig Hovaness
July 9, 2025
0

Because the struggle in Ukraine strikes towards an unpleasant conclusion unfavorable to the U.S., I anticipate the looks of a...

Next Post
Aave Founder Returns to Twitter After Ban-Worthy Joke

Aave Founder Returns to Twitter After Ban-Worthy Joke

Amazon, Apple, Robinhood and more

Amazon, Apple, Robinhood and more

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

TCS Q1 Results: Profit rises 6%, margins beat estimates; EBIT flat QoQ

TCS Q1 Results: Profit rises 6%, margins beat estimates; EBIT flat QoQ

July 10, 2025
Eight killed in overnight Sudanese paramilitary attack: Civilian bunker bombed; health workers targeted

Eight killed in overnight Sudanese paramilitary attack: Civilian bunker bombed; health workers targeted

July 10, 2025
NFT Sales Hit .82B in H1 2025 as Market Cools

NFT Sales Hit $2.82B in H1 2025 as Market Cools

July 10, 2025
Why So Many Women Feel Pain During Their C-Sections

Why So Many Women Feel Pain During Their C-Sections

July 10, 2025
Hundreds of migrants moved from Crete to Greek mainland as island struggles with Libya arrivals

Hundreds of migrants moved from Crete to Greek mainland as island struggles with Libya arrivals

July 10, 2025
Mevo Carmel in pole position to house Nvidia Israel campus

Mevo Carmel in pole position to house Nvidia Israel campus

July 10, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

TCS Q1 Results: Profit rises 6%, margins beat estimates; EBIT flat QoQ

Eight killed in overnight Sudanese paramilitary attack: Civilian bunker bombed; health workers targeted

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In