tldrdailynews.com logo

Apple's Q2 earnings: Revenue drop expected, $90B buybacks and dividends anticipated.

1 min read
Source: Yahoo Finance
TL;DR Summary

Apple is expected to report a decline in quarterly revenue for the second straight year-over-year in its fiscal Q2 earnings report, with Macs leading the decline. The company is dealing with a steep drop-off in PC and tablet sales, and its Mac business is set to drop 25% YoY. However, iPhone sales are expected to decline only slightly. Apple's Services growth is also expected to decline YoY, but investors will be looking for any news on how much interest the company's new high-yield savings account is drawing from consumers.

Topics:business#apple#business#ipad#mac#q2-earnings#services
Share this article
  1. Apple Q2 earnings preview: Revenue expected to drop again, with Macs leading decline  Yahoo Finance
  2. Apple expected to announce $90 billion in buybacks and dividends when it reports earnings  CNBC
  3. Bernstein's Toni Sacconaghi expects Apple's revenue to be down  CNBC Television
  4. Apple earnings: What to expect from the iPhone maker  MarketWatch
  5. Apple set to report quarterly earnings after the bell  CNBC

Reading Insights

Total Reads

0

Unique Readers

10

Time Saved

2 min

vs 3 min read

Condensed

82%

497 → 89 words

Want the full story? Read the original article

Read on Yahoo Finance