Apple Shakes Up Investors Post-Market Close

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Hello, my friends!

One of the most anticipated moments of the quarter just hit - Apple, the heaviest hitter in Nasdaq, released its earnings and the numbers are impressive!

Apple reported record-breaking revenue, with iPhone sales making a comeback and new AI features generating big excitement for future upgrades.

This report has been a huge focus for investors and entrepreneurs alike, setting the stage for the coming months.

Quick recap and all the best as we wrap up this major earnings event.

Earnings Update 📰📱

Apple's September Quarter Breaks Revenue Record with iPhone Rebound

  • Apple’s Revenue Reaches Record $94.9 Billion, Surpassing Analyst Expectations

  • Net Income Declines by 35% Due to European Tax Ruling Impacting Bottom Line

  • iPhone Sales Surge to $46.2 Billion, Reversing Sluggish First-Half Performance

  • Shares Dip 2% in After-Hours Trading; Modest Growth Expected for December Quarter

  • Launch of ‘Apple Intelligence’ AI Tools Spurs Investor Optimism for Future Upgrades

  • China Revenue Slightly Declines to $15 Billion, Misses Analyst Projections by 6%

  • "Underappreciated Demand" Seen in iPhone Upgrades, Says Apple Shareholder

  • Apple to Release More AI Features, Including ChatGPT Integration, in Coming Months

Until next time,
Steve B
Founder, The Daily Impulse

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