1. Apple reported Q2 revenue of $95.4 billion, exceeding expectations. 2. iPhone sales rose 2% to $46.84 billion, surpassing analyst projections. 3. Board approved a $100 billion share buyback and increased dividend by 4%. 4. Tariffs could increase costs by $900 million in the next quarter. 5. Apple plans to move U.S. iPhone assembly to India by 2026.
Despite tariffs concerns, solid earnings and buyback support stock price stability. Historically, strong earnings usually boost stock prices; however, uncertainty regarding trade wars can offset gains.
Important earnings report showing growth and capital return plans, but tariff risks are significant. Investors focus on short-term results, which outweigh potential long-term tariffs.
Immediate earnings and buyback news will positively affect stock in the near term. Longer-term effects depend on tariff outcomes and production shifts to India.