Should I Buy Apple Stock?
Before the pandemic, Apple (NASDAQ: AAPL) was flying high. In its second quarter, which closed March 28, the company saw its revenue climb by 1% year over year to $58.3 billion, while earnings per share rose by 4% to $2.55.
The coronavirus had begun to impact many of the company's markets around the world during the quarter, but apparently, that did not stop Apple from putting up some very impressive numbers.
"Despite COVID-19's unprecedented global impact, we're proud to report that Apple grew for the quarter, driven by an all-time record in Services and a quarterly record for Wearables," said Apple CEO Tim Cook in a press release. "In this difficult environment, our users are depending on Apple products in renewed ways to stay connected, informed, creative, and productive."
Source Fool.com