Apple Management Talks Services, the Value of Its Stock, and More
As one of largest tech companies in the world, a lot of investors likely had their eyes on Apple (NASDAQ: AAPL) when it reported its fiscal second-quarter results on April 30. Many investors were likely hoping the tech juggernaut showed some signs of resilience during these uncertain times.
Fortunately, Apple managed to impress -- at least compared to lowered expectations after the company previously said it would miss its guidance for the period due to the impact of COVID-19. Apple squeaked out a 1% year-over-year revenue increase and a 4% bump to earnings per share. The iPhone maker's top and bottom lines for the period both easily beat analysts' average forecasts.
To help investors go beyond these headline figures and get a better understanding of how Apple is faring, here's a look at three key takeaways from management during the company's fiscal second-quarter earnings call.
Source Fool.com
