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Apple's shares rose by over 4% after the company reported financial results that exceeded estimates.

Radu Burcă
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2 May 2026, 05:34
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Apple's shares have recorded a growth of over 4%, marking the strongest advance in the last nine months, after the company reported financial results that exceeded analysts' estimates. The tech giant estimates revenue growth between 14% and 17% for the fiscal quarter ending in June, significantly above the analysts' forecast of 9.5%. CEO Tim Cook highlighted the strong demand for the new iPhone 17 lineup, considered the most popular in the company's history, and for Mac computers. Although the company faces pressures due to the global memory crisis, it has managed to maintain a high growth rate, supported by the launch of the affordable MacBook Neo model. Apple reported revenues of $111.18 billion for the previous quarter, with a 17% increase compared to last year. The services division generated nearly $31 billion, significantly contributing to profitability. The company's gross margin increased to 49.3%, confirming the trend of improvement, despite the high costs of components. Analysts believe that Apple has the capacity to manage these challenges, even though the risks related to memory costs remain high.

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Acţiunile Apple au crescut puternic vineri, după rezultate financiare peste aşteptări şi cerere solidă pentru iPhone şi Mac

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NEWS ON THE SAME TOPICS

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Apple has reached a market value of 4.88 trillion dollars, surpassing Nvidia, which has dropped to 4.86 trillion dollars. This marks a comeback for Apple, which had not been in the top position since April 2025.
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Global smartphone deliveries fell by 11% in the second quarter of 2026, reaching the lowest level since 2013.
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Apple surpassed Nvidia on Friday, becoming the most valuable company in the world, with a valuation of 4.88 trillion dollars.
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Tim Cook announces inevitable price increases for Apple products due to the memory chip crisis.
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Apple has announced the expansion of its partnership with Broadcom through a 30 billion dollar agreement for the manufacturing of 15 billion chips in the USA.
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Samsung Electronics anticipates an 1,800% increase in operating profit in the second quarter of the year, due to high demand for AI semiconductors.
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