Apple’s stock jumps 5 percent after beating expectations

Apple’s stock jumps 5 percent after beating expectations

7 years ago
Anonymous $9jpehmcKty

https://techcrunch.com/2019/04/30/apples-stock-jumps-5-percent-after-beating-expectations/

Apple released earnings for its fiscal second quarter today, reporting revenue of $58 billion, a decline of 5 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.46, down 10 percent. International sales accounted for 61 percent of the quarter’s revenue.

The market apparently approves. Apple’s shares have jumped $10 apiece since the earnings were released, putting the company in spitting distance of the $1 trillion market cap it has been flirting with since last August.