Analyst community once again demonstrates little understanding of how supply chains work, especially when made up of public (China) companies. iPhones units/rev ⬆️ YoY 52.2M units. iPads ⬆️ YoY 9M units.
Apple reports Q2 revenue of $61.1B, up 16% YoY, as iPhone sales rise 3% YoY to 52.3M, iPad sales rise 2% YoY to 9.1M, and Mac sales of 4.08M, down 3% YoY (Apple)
. has just announced that it will be using the bulk of its #Trump tax cuts spending $100B to buy back its own stock, benefiting rich CEOs & wealthy shareholders. That's 500X MORE than what it's giving workers in one-time bonuses!