Apple reported $58.3 billion Q2 revenue and EPS $2.55

Apple reported $58.3 billion Q2 revenue and EPS $2.55

May 1, 2020
The world's largest company, APPLE (APPL), reports second-quarter earnings on Thursday after the market close. “Despite COVID-19’s unprecedented global impact, we’re proud to report that Apple grew for the quarter, driven by an all-time record in Services and a quarterly record for Wearable’s,” said Tim Cook, Apple’s CEO. “
Facebook beat earnings forecasts; Revenue climbed 17% to US$17.7bn

Facebook beat earnings forecasts; Revenue climbed 17% to US$17.7bn

April 30, 2020
Facebook Inc. (NASDAQ: FB) released first-quarter earnings on Wednesday that boosted its stock up roughly 10% in after-hours trading. Facebook posted $17.7 billion in revenue for the first three months of the year, an 18% increase from the same period a year ago. Facebook now has 1.73 billion daily active users and 2.6 billion monthly active users, a year-over-year increase of 11% and 10%. The earnings reported US$1.71 per share, slightly lower than the US$1.74 predicted by analysts.
Alphabet (GOOGLE) shares spiked after Q1 revenue beats

Alphabet (GOOGLE) shares spiked after Q1 revenue beats

April 29, 2020
Alphabet, Google’s parent company reported Q1 earnings after the bell on Tuesday, beating analysts’ revenue expectations. The company has reported an increase of 13% in revenue for Q1 2020, $41.16 billion in compared with $40.3 billion expected. The earning per share reported $9.87 per share. Based on expectations, it was a miss on earnings. 
FAANG earnings: A big week for tech stocks

FAANG earnings: A big week for tech stocks

April 28, 2020
Global stocks opened this week with a positive note after several countries planned to ease of coronavirus-led lockdowns. This week is one of the busiest weeks; the tech giants report their latest quarterly earnings. As we know this was one of the most interesting first quarters so we have to look at these results a little differently in the context of the COVID-19 outbreaks.