Apple's Q2 earnings: iPhone sales and revenue drop

Apple (AAPL) shares are rising in after-hours trading after topping Wall Street's second quarter expectations. Yahoo Finance Technology Editor Dan Howley breaks down the tech giant's earnings report.
Howley highlights key successes such as an all-time services revenue high, coming in at $23.87 billion, up from $20.91 billion. Mac also performed higher than anticipated, totaling $7.45 billion from its previous $6.79 billion. China's sales still lag, but they came in at $16.37 billion, higher than the Street's anticipated $15.87 billion.
While the iPhone, iPad, and wearables missed expectations this quarter, Apple stock received a boost after the company announced an increased dividend to $0.25 per share alongside the authorization of $110 billion for share repurchases.
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[@mingouczjcz3800]

Regardless of the performance, nowadays as long as some analyst smears some AI things on the company, its stock would usually perform better

[@ahmedahmm7545]

I've just bought the dip in Apple stock, aiming to expand my portfolio this year.

[@amgengroup5352]

The same here, last weekend My portfolio made it to $20m total, started from $1m, investing weekly dividends in long term ETFS that’s my route.

[@ahmedahmm7545]

Are you a pro? how did you achieve this

[@amgengroup5352]

No I'm not, Katherine Elizabeth Humphreys is behind my growth, look her up or make proper research for one who is suitable with your goals.

[@daloriscutone6380]

Kath is wonderful, I'm happy seeing this recommendation, she looked more beautiful in person when I saw her in New York.

[@harlibassham8187]

She's destined to be one of the best traders of her generation when compared to her peers. Great job!

[@wanderingquestions7501]

‘Beat the lower expectation”? Watch the stock turn lower.

[@quandingleberry445]

short term pump, will dump soon.

[@Calvin5150VH]

Like Tesla this is only going to get worse.

[@rozburg]

I agree. Way too expensive. There are better products at a cheaper price.