Google and Apple warn delta variant could prove disruptive washingtonpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonpost.com Daily Mail and Mail on Sunday newspapers.
Apple posted the financial results from its second fiscal quarter of 2021 on Tuesday, breaking all of the company s third fiscal quarter records with $81.4 billion in revenue. Following are the notes of interest from both the report and the subsequent analyst conference call, with remarks from Apple CEO Tim Cook and CFO Luca Maestri.
Highlights from the earnings report
Published by Apple shortly before its quarterly conference call with industry analysts, Apple reported $81.4 billion in total revenue for the quarter ending June 2021. The figure is year-over-year growth of 36.3% from Q3 2020, when it generated $59.7 billion at the start of the COVID-19 pandemic.
Apple Stock Price Sees Massive Surge: Will It Increase When iPhone 13 Releases?
Apple s stock price closes with massive profits, surpassing expectations and analyst predictions.
Photo : Sean Gallup/Getty Images
Apple s stock price closes with massive profits, surpassing expectations and analyst predictions.
With Apple stocks reaching new heights, investors wonder if this upward trend would hold until the iPhone 13 release, which is suspected to come out some time in September.
The tech giant started with slow sales for the first half of 2021. Back in January, Apple (AAPL) traded at $131.01. Values spiked briefly in April and traded at $134.72. However, after its dip to $123.54 in June, Apple stock saw a steady rise and was seeling at $146.77 by July 26, according to Market Watch
5 Best Dividend Aristocrats with Over 4% Yield
Number of Hedge Fund Holders: 41
Dividend Yield: 4.59%
Number of Years of Consistent Dividend Growth: 26
International Business Machines Corporation (NYSE: IBM) is an information technology company that offers integrated solutions and services across the globe. The company ranks 5th on our list of the best dividend aristocrats with over 4% yield.
Katy Huberty from Morgan Stanley raised her price target on International Business Machines Corporation (NYSE: IBM) just this July, retaining her Equal Weight rating on the shares as well.
In the second quarter of 2021, International Business Machines Corporation (NYSE: IBM) had an EPS of $2.33, beating estimates by $0.04. The company’s revenue was $18.75 billion, up 3.43% year over year and beating estimates by $447.50 million. International Business Machines Corporation (NYSE: IBM) has also gained 16.58% in the past 6 months and 15.19% year to date.
Even iPhone chip shortages can t slow down Apple s money train idg.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from idg.com.au Daily Mail and Mail on Sunday newspapers.