+10% Apple's Q2 Earnings:Performance exceeded expectations and shares surged!
AFTERHOURS : AAPL
Even though Apple's earnings report was not good but Tim Cook predicted that after AI functions added into Iphones , Apple's earnings will recover. Afterhours Apple + 10%
And QCOM also said AI boosts phones market , QCOM +10%,
$NVIDIA(NVDA.US$ $Amazon(AMZN.US$ $Coinbase(COIN.US$ also beats expectation with strong Bitcoin market.
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AI MasterOP : Will AI really help Apple to boost sales in the future ?
Dramericanjesus : exceeded? Numbers weren't as bad as expected, and Apple is blowing more cash with a bad buyback. Low hanging fruit took to it hook, line, and sinker.
AI MasterOP Dramericanjesus: Totally Agreed, Berkshire cuts
Apple investment by about 13%, Buffett hints that
it’s for tax reasons. How do you think of it ?