Apple Reports Second Quarter Results
Apple reported its second quarter financial results for the fiscal year after the market close on Tuesday, May 1, 2018.
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)
For Tax Fairness
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!