Apple’s Share Slip: A Glimpse Behind the Curtain
Hold your horses, because things aren’t as dreary as they might first appear! Apple’s performance was, in fact, rather remarkable for the quarter, showing a crisp $1.57 per share in earnings and a towering revenue of over $94 billion. A smashing victory for the tech giant, to say the least! Their revenue growth—up a full 10% compared to last year—is the highest they’ve seen since 2021, a truly splendid achievement! But here’s the curious bit—iPhone sales alone topped $44.5 billion, a figure that was almost double what analysts had been whispering in their tea cups (roughly $89.5 billion). Oh, and don’t forget those pesky $800 million in tariffs—they do love to sneak in like unwanted guests at the dinner table.