CAT 
Apple had a pretty good quarter despite China weakness, defying analysts’ doom-and-gloom predictions. Here’s what some of them think on the morning after.
Apple’s iPhone results may indicate China’s buying higher-priced models
Apple’s iPhone results may indicate China’s buying higher-priced models
Thursday saw Apple CEO Tim Cook and CFO Luca Maestri speak to investors and analysts in the post-results conference call for Q2 2024. For the quarter, Apple’s revenue was down 4% from $94.8 billion one year ago to $90.7 billion, with an increased earnings per share of $1.53.
For Q2 2024, iPhone brought in $45.96 billion, down from $51.3 billion for Q2 2023. Mac saw a minor increase, going from $7.2 billion one year ago to $7.45 billion this year.
Originally appeared here:
Analysis paralysis – hot takes from investment firms in the wake of Apple earnings
