$Apple (AAPL.US)$On 5/2, financial results for the 2nd quart...
$Apple(AAPL.US$On 5/2, financial results for the 2nd quarter of 2024 (3 months ending 2024/3/30) were announced, and the company's stock soared nearly 6%. The reason why Apple's stock price skyrocketed was because figures surpassed expectations. Whereas analysts expected 1.51 dollars per share with earnings of 90.5 billion dollars, earnings of 90.8 billion dollars earned 1.53 dollars per share.
though
1. Vision Pro ended in failure and withdrew from manufacturing/production
2. iPhone sales volume decreased by nearly 10%
3. Service didn't grow as much as expected
4. Instead of increasing investment in research and development, Apple is doing share buybacks (I feel like there have been a lot of stock buybacks recently...).
5. Slowing growth in key markets such as China
6. There will be no major product line releases in the future. Vision Pro ended in failure, and the price was too high. What's the next new product?
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