The company reported its segments as: The iPhone segment shipped a total of 78.29 million units for total revenue of $54.38 billion, an increase of 5% in units and 5% in revenue year over year. iPad shipped 13.08 million units for $5.53 billion in revenue, a decrease of 19% in units and a decrease of
Apple Inc is expected to report its first rise in quarterly revenue in a year, when it releases first-quarter results, buoyed by sales of the revamped iPhone 7. Apple is forecasting all-time record revenue of between $76 billion and $78 billion, and investors and analysts will be looking out for the company’s comments on the
SPX made new fresh all time high and NDX did not yet. In 1990, the largest U.S. companies, General Motors (GM), Ford (F) andÂ ExxonMobil (XOM) earned $11.55 billion and had a combined 799,000 employees. Todayâ€™s biggest, Apple(AAPL), Alphabet (GOOGL) and Microsoft (MSFT) have profits of $80.9 billion and employ just 279,000 people.
Friday its a key day, however the late sellers today move the market lower. Oil prices jumped as some of the world’s largest producers agreed to curb production for the first time since 2008. Gains in energy shares failed to offset losses in technology sector, as major indexes edged lower. The dollar surged and Treasury
ALPHABET: The search giant is expected to report its seventh straight quarter of double-digit revenue growth, according to Thomson Reuters I/B/E/S. Investor focus will continue to be on Google’s ability to generate strong advertising revenue growth. Google has recently introduced a number of ad initiatives, such as expanded text ads and map ads, as it