Tzyh Sheng
commented on a stock · Jul 28, 2021 18:21
Apple Q2 Results
$Apple (AAPL.US)$ Apple's Q2 earnings report is out, with a 36% revenue growth and strong growth in every product line. iPhone revenue increased by 49.78% YoY. Service revenue increased by 33% YoY. Apple did not provide a financial forecast for the next quarter, but the CFO expects double-digit YoY growth in Q3. However, due to exchange rates, slower growth in service revenue, and constraints in the iPhone and iPad semiconductor supply chain, Q3 growth is expected to be lower than 36%. 📈 Check out the detailed earnings report for FAAMG, the tech giant, in Q2 2021, and the future business outlook.https://ieobserv.com/FAAMG21Q2
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