The past week has been a whirlwind for Apple Inc. (NASDAQ:AAPL), with a mixed bag of news that kept investors on their toes. From an earnings beat and a massive stock buyback to a slump in iPhone sales and a lukewarm response to Siri, there’s a lot to unpack. Here’s a quick recap of the week’s top stories.
Apple Q2 Earnings Outperform Muted Expectations On Services
Apple reported Q2 results that surpassed subdued predictions. The tech giant announced a whopping $110-billion stock buyback program and a slight increase in its quarterly dividend. Despite a year-on-year revenue decline, the announcement saw the shares of the tech stock rise about 3.5%. Read the full article here.
Elon Musk Comments on Siri’s Performance
Tesla CEO Elon Musk responded to tech YouTuber Marques Brownlee’s question about Apple’s virtual assistant, Siri. Musk agreed with another user who expressed dissatisfaction with Siri, sparking a conversation about Apple’s AI-related moves. Read the full article here.
See Also: Amazon Says Generative AI ...