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Apple posts Q2 earnings: $9.5B profit on $43.6B in revenue; boosts stock buyback

What is the difference a year. This time last year, Apple's stock in the dancing mid-$ 500 range about the explosive run, a record high in late September. Then, it all came crashing down. Up to 705 last fall, Apple shares have lost more than 40% of their value is still no sign of a rebound in the line of sight. Happen in the new year sharper steering southern stocks fell by about 23% so far this year, less than $ 400 for the first time since as recently as December 2011. Shares rose on Tuesday as investors stepped up for Apple, its fiscal second-quarter earnings report, as well as digital now live
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According to FactSet data, analysts expect Apple post a profit of 9.97 yuan per share income of $ 42.28 billion, Apple beat Wall Street's consensus, because its earnings per share to 10.09 yuan a total revenue of 43.6 billion. Apple's own guidance decline in revenue between $ 4.1 billion U.S. dollars and 43 billion.
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In the same quarter last year, Apple earned $ 12.30 per share of U.S. $ 39.2 billion in sales.
"We are pleased, said:" report record March quarter revenue thanks to the continued strong performance of the iPhone and iPad, Apple CEO Tim Cook (Tim Cook). "Our team is very difficult to work in some amazing new hardware, software and services, products in our pipeline, we are very excited."
Apple's biggest cash cow, it is recommended that the company will sell 36.5 million in the second quarter consensus expectations of the iPhone and Apple exceeded expectations, sold 37.4 million iPhones in January and March.
iPad sales are expected to be 18.3 million, Apple reported second quarter sales of 19.5 million units iPad. Missed the consensus of Mac sales of 4.1 million units, Apple pointed out that the combined sales of 3.95 million units in its laptop and desktop line.
Apple says it has $ 14.5 billion in cash in the end of the second quarter of fiscal year, the company plans to increase its buyback program by $ 50 billion in stock.
For the third quarter, Apple said it expects revenue will fall between $ 33.5 billion $ 35.5 billion, missing Wall Street consensus of $ 3.85 billion U.S. dollars.
 



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