Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Apple Stock Soared Today


Shares of Apple (NASDAQ: AAPL) jumped 7% on Friday after the technology leader delivered a stunning earnings report.

Apple's revenue rose 11% year over year to a staggering $123.9 billion in its fiscal 2022 first quarter, which ended on Dec. 25. Strong gains in China, where Apple's sales climbed 21%, contributed to the blockbuster performance. 

"This quarter's record results were made possible by our most innovative lineup of products and services ever," CEO Tim Cook said in a press release. "We are gratified to see the response from customers around the world at a time when staying connected has never been more important."

Continue reading


Source Fool.com

Like: 0
Share

Comments