It's been a rough week for the world's most valuable company, ๐ Apple (AAPL) this week. Reports cited Chinese government officials and potentially state-owned enterprises were told not to use iPhones for work.
Greater China is reportedly Apple's:
โข ๐ Fastest growing region and sales have increased by 8% on an annual basis
โข ๐ฅ Third-largest market accounting for 18% of total revenue
Its release of the new ๐ฑ iPhone15 is set to unveil next Tuesday.
@StuddertNatalie Hi Nat. Yes, CBA earns the most of all the big banks!
The numbers for NAB and WBC you are citing are half yearly results (ie they cover a six month period).
CBA's most recent results - the $2.6 billion in profits - are quarterly results (ie they cover just a 3 month period)
Here is a wrap of Appleโs latest Q2 earnings ๐
โ๏ธ $AAPL revenue of US$$94.8 B v $92.96 B expected
โ๏ธ iPhone revenue of US$51.3 B v US$48.8 B expected
โ๏ธ Services revenue of US$20.91 B v US$20.97 B expected
โ๏ธ Gross margin of 44.3%
โ๏ธ Earnings per share of US$1.52 v US$1.43
The #RBA raises rates 25 basis points, taking the official cash rate to 3.85%.
#Inflation still too high according to the RBA - with AU inflation reading last at 7.0%.
Following a huge week of big tech earnings, weโve got another exciting week of US earnings results coming up.
These are the upcoming results on our watch list ๐
๐ Uber $UBER | Q1 earnings | 2 May | EPS expectations: - US$0.09, revenue expectations: US$8.7 billion