$Apple (AAPL.US)$On May 2, Apple announced its second quarte...
$Apple (AAPL.US)$On May 2, Apple announced its financial results for the second quarter of the fiscal year 2024 (the three months ended March 30, 2024), and the company's stock surged nearly 6%. Apple's stock price soared due to better-than-expected numbers. While analysts were expecting earnings of $90.5 billion and $1.51 per share, Apple actually earned $90.8 billion in revenue and $1.53 per share.
However,
1. Vision Pro ended in failure, leading to manufacturing/production withdrawal.
2. iPhone passengers carried decreased by nearly 10%.
3. Services did not grow as expected.
4. Instead of increasing investment in research and development, Apple is conducting a share buyback (Recently, it seems that there have been many share buybacks...).
5. Slowdown in growth in important markets like China.
6. There are no major product line releases in the future. Vision Pro ended in failure, and the price was too high. What will the next new product be?
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