Apple's Q2 earnings call: What you need to know
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Apple's Q2 earnings call: What you need to know
Apple's Q2 earnings call: What you need to know
Apple (AAPL) released its fiscal second quarter results after the market close on Thursday. The tech giant beat analyst estimates on both the top and bottom lines, thanks to strong iPhone sales. Mac sales were lighter than expected, which tracks with a recent report from Gartner that shows overall PC shipments declined in the first quarter of 2023. Yahoo Finance's Brad Smith, Diane King Hall, and Dan Howley were listening to the Apple earnings call. Among their takeaways: leadership is concerned about how macroeconomic headwinds could impact their business, the paid subscription business is a big deal in terms of both margins and keeping customers, and that Apple clearly sees opportunity in India. Key video moments: 00:00:20 Apple stock check 00:01:20 Apple earnings recap 00:02:10 Key takeaways from the call 00:06:19 Tim Cook's comments on India 00:08:13 Vibe checks 00:09:04 Wall St vs Main St.
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Apple (AAPL) released its fiscal second quarter results after the market close on Thursday. The tech giant beat analyst estimates on both the top and bottom lines, thanks to strong iPhone sales. Mac sales were lighter than expected, which tracks with a recent report from Gartner that shows overall PC shipments declined in the first quarter of 2023.
Yahoo Finance's Brad Smith, Diane King Hall, and Dan Howley were listening to the Apple earnings call. Among their takeaways: leadership is concerned about how macroeconomic headwinds could impact their business, the paid subscription business is a big deal in terms of both margins and keeping customers, and that Apple clearly sees opportunity in India.
Key video moments:
00:00:20 Apple stock check
00:01:20 Apple earnings recap
00:02:10 Key takeaways from the call
00:06:19 Tim Cook's comments on India
00:08:13 Vibe checks
00:09:04 Wall St vs Main St.
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