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Apple clearly exceeds t2 expectations:
Apple, carried by iPhones sales, beats expectations in the second quarter
Apple reported on sales and a profit in the second quarter significantly higher than expectations Thursday, results illustrating the success of the efforts made by the firm in the reorganization of its supply chains against the backdrop of the world’s trade war of the American president Donald Trump. Similarly,
The group’s title increased by approximately 2% in post-clothing stock markets. For example,
Over the June-June period, Apple recorded a turnover of $ 94.04 billion, an increase of almost 10% over a year, beating the consensus which appeared at $ 89.54 billion according to LSEG data. apple clearly exceeds t2 expectations Consequently,
The profit per share established at $ 1.57, while analysts anticipated an average of $ 1.43 per share. Similarly,
Iphones sales increased in the second quarter by 13.5% to $ 44.58 billion, against a consensus of $ 40.22 billion. In addition,
Faced with the World Trade War. Nevertheless, triggered by Donald Trump since his return to power last January, Apple has “confused” the production of certain products intended in the United States, with iPhones manufactured in India and other products, such as its connected watches, produced in Vietnam.
Despite everything. the company based in Cupertino in California had warned its investors on the repercussions of American customs duties, assessing their possible impact at $ 900 million in the third quarter of the fiscal year.
Apple has also revised down. by $ 10 billion, its annual share buy -back program, apple clearly exceeds t2 expectations a decision that analysts consider to allow the group to remain agile during this period of uncertainty.
Customs duties that will ultimately apply to many Apple products remain uncertain, due to exemptions for the time in force.
In the second quarter. sales of the America division, which includes the United States and could be affected by customs duties, increased from 9.3% to 41.2 billion dollars.
Apple Director General Tim Cook said in an interview with Reuters that the group attributed about a. percentage point for the growth of its quarterly sales to the consumer will to buy Apple products before the entry into force of possible customs duties.
Washington continues to bilaterally negotiate with China and India. Donald Trump threatened the latter with 25% customs duties on his products, possibly from August 1. Analysts believe, however, that making products in India could apple clearly exceeds t2 expectations remain advantageous for Apple on long term.
The fact remains that the question of customs taxes is not the only challenge for the apple firm. faced with rivals competition such as Samsung Electronics in the difficult high -end smartphones market.
In addition. with regard to the race for artificial intelligence (AI), Apple has postponed the commissioning of a new version of its virtual assistant Siri.
Tim Cook said Thursday that the firm made “good progress on a personalized SIRI”. adding that its investments in AI, not as massive as those deployed by its rivals, progressed in a “significant” manner.
(Stephen in thelis; Version Française Jean Terzian)
Apple clearly exceeds t2 expectations
Further reading: Towards 15% customs duties between the EU and the United States, according to diplomatic sources – RTS.CH – Customs duties: Trump decides 50% on Brazilian products – Trump announces a trade agreement with Japan – Thyssenkrupp Steel Europe and the IG Metall union conclude a restructuring agreement – The price of oil decreases as the deadline for new American customs duties.
