Apple shook off a thicket of tariffs and a botched entry into artificial intelligence to accelerate its revenue growth during its springtime quarter, but the trendsetting company still faces a bumpy road ahead that could lead to higher iPhone prices.
Apple is asked about the Epic ruling but doesn’t say much
Apple CFO Kevan Parekh didn’t have too much to say when asked about the impact of the Epic court ruling on its latest results and the appeals process in that case. A judge said several months back that Apple violated an order to offer alternate App Store payment options,
Apple roars back with stronger-than-expected iPhone sales and record $94 billion third-quarter revenue
Apple will report fiscal third-quarter results after the closing bell Thursday. Analysts are looking for updates on AI strategy, with shares down 16%.
Here’s How Much Traders Expect Apple Stock To Move After Earnings Today
Apple (AAPL) is scheduled to report quarterly earnings after the closing bell today, with traders anticipating a sizable move from the iPhone maker’s stock. Current options pricing suggests traders are expecting the shares could move 4% in either direction by the end of Friday’s trading session from their recent level at $209.