Apple Earnings A Beat But Stock Slips As Wall Street Awaits Tim Cook Tariff Guidance

Apple beat on the top and bottom line for its fiscal second quarter ending in March but Wall Street is holding tight for any guidance from CEO Tim Cook on the impact of tariffs on its business. That should come on an earnings call set for 5 pm ET. The tech giant posted net income of $24.78 billion — up from$23. 6 billion — on revenue of $95.4 billion from$90.7 billion the year earlier. The high-margin Services division, which houses Apple TV+, Apple Music among other platforms, grew but less than expecte ...