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Posted by
Two Blokes May 3 -
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Stock
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Apple reported strong Q2 earnings, beating estimates by $605.9 million on revenues and $0.02 on EPS, driven by higher services revenue. iPhone sales increased by 2%, but services growth was soft, rising only 1.2% sequentially. Apple faces challenges from forex headwinds, tariff impacts, and supply chain adjustments, with a $900 million cost impact expected in the June quarter.