Apple hails 'extraordinary' iPhone demand as boss Tim Cook heads out

Cook is preparing to bow out after 15 years at the helm and hand over to John Ternus.

The Future of Apple

Tim Cook made Apple rich. The question for his successor is whether he can make it cool again.

By Katrin Bennhold

US Equity Futures Rise as Mega-Cap Earnings Lift Tech, Oil Drops - Bloomberg.com

US Equity Futures Rise as Mega-Cap Earnings Lift Tech, Oil Drops  Bloomberg.com

Apple credits ‘most popular’ ever iPhone for booming sales

Smartphone maker increased revenue nearly 17% as iPhone sales rise by a fifth

Apple soars past Wall Street expectations as CEO Tim Cook prepares to step down

Company reported $111.2bn in revenue in first earnings report after announcement of Cook’s pending departure Apple blew past Wall Street expectations in its first earnings report since it announced CEO Tim Cook would be stepping down. Cook reported Apple’s “best March quarter ever” and “double-digit growth across every geographic segment”. He also noted “extraordinary demand for the iPhone17 lineup”. Continue reading...

By Sanya Mansoor

Reddit reports 69% jump in revenue, topping analyst estimates

Reddit reported first-quarter earnings and revenue that exceeded Wall Street expectations.

Envela to Announce First Quarter 2026 Financial Results on Wednesday, May 06, 2026 - The Globe and Mail

Envela to Announce First Quarter 2026 Financial Results on Wednesday, May 06, 2026  The Globe and Mail

Sandisk’s eye-popping earnings beat fails to extend the stock’s big rally

The company says it’s transitioning to a business model of “multiyear customer engagements.”

By Britney Nguyen

Apple beats out earnings estimates with continued iPhone momentum

Apple Easily Beats Wall Street Expectations, Services Revenue Shoots Up 16% to Record $31 Billion

Apple hit another high note in the first three months of 2026, delivering an earnings beat driven by a surge in iPhone sales and continued momentum in its Services segment. Apple’s Services business revenue in the quarter grew 16.3% to $30.98 billion. That beat Wall Street expectations for $30.4 billion, according to StreetAccount. The segment […]

By Todd Spangler

SiriusXM Beats Wall Street Expectations Amid Reported Talks of iHeartMedia Combination

The satellite radio company said podcasting remains a strong point, with revenue up 37% year-over-year.

By Caitlin Huston

Incoming Apple CEO John Ternus Makes Wall Street Cameo With Words Of Wisdom From Tim Cook

Tim Cook, who will pass Apple’s CEO baton to John Ternus September 1, brought the executive along to the company’s earnings call today to say a quick hello. “We have an incredible roadmap ahead. And while you’re not going to get me to talk about the details of that roadmap, suffice it to say this […]

By Jillg366

Alphabet shares jump 6 per cent as AI drives record Google Cloud growth

Alphabet topped Wall Street estimates for quarterly revenue on Wednesday, as enterprise spending on artificial intelligence delivered the best quarter of reported growth for its cloud unit yet. Shares of the ​company were up more than 6 per cent in extended trading. The Google parent company’s total revenue rose 22 per cent to $109.9 billion […]

Stryker misses quarterly estimates on muted demand for medical devices

Acres outlines July internalization timeline while targeting about 4 turns leverage comfort

Apple Drops After Mixed Results: America, Europe Revenue Miss; Iphone Sales Disappoint, But China Surges Again

Apple Drops After Mixed Results: America, Europe Revenue Miss; Iphone Sales Disappoint, But China Surges Again Ahead of today's AAPL earnings report, we've had a mixed picture from Mag 7 earnings so far: GOOGL soared to a record high, MSFT and AMZN both dropped (although they recovered much of their losses throughout the day) and META crashed, all on different reads of their capex. Which leaves AAPL to complete the picture of the big 5 megacaps (with NVDA set to report in a few ...

By Tyler Durden

Michael dances past expectations with $200m opening - Dhaka Tribune

Michael dances past expectations with $200m opening  Dhaka Tribune

Apple hits record earnings as iPhone 17 demand surges

Apple reports record earnings for its March quarter, driven by strong iPhone sales. Read about the company’s financial success and future challenges with A Read More: https://punchng.com/apple-hits-record-earnings-as-iphone-17-demand-surges/

By Punch Newspapers