Skip to main content

Apple's Q2 earnings show business as usual despite quarterly drop

Lorie Wimble
Verified
1 minute read
It might be the most beautiful drop of $7 billion in earnings, ever. Apple's Q2 earnings report showed a sharp downturn compared to last quarter, but...

It might be the most beautiful drop of $7 billion in earnings, ever. Apple's Q2 earnings report showed a sharp downturn compared to last quarter, but investors aren't worried. It's not that the company performed poorly. It's that last quarter was the stuff of legends and the decline was expected, possibly even necessary.

When compared to the all-important year-over-year statistics, Apple is up $11.6 billion.

iPhone dominated the revenue-generation for the company again, accounting for 58%. iPad followed at 17%.

As this graphic shows, it's business as usual in Cupertino.

From: Ft Lauderdale Buick Via: Statista

Related TECHi reading: TECHi markets coverage, stock market data hub, and Markets & Equities archive.

Disclaimer

This article is for informational purposes only and does not constitute financial, investment, tax, or legal advice. Market data, tax rules, and prices can change after the article date. TECHi and its authors may hold positions in securities or digital assets mentioned. Always conduct your own research and consult a licensed financial, tax, or legal professional before making decisions.

Share

Pick your channel

Spotted an error?Report a correction →

About the Author

Lorie Wimble
Lorie WimbleReviewedScore 50

Lorie is the "Liberal Voice" of Conservative Haven, a political blog, and has 2 astounding children.

Comments