"S&P 500 components and Magnificent 7 stocks Apple and Amazon both beat earnings forecasts last night. Netflix has announced a 10-for-1 stock split. Are you ahead, or behind on retirement? SmartAsset's free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don't waste another minute; learn more here.(Sponsor)"
"Apple ( Nasdaq: AAPL) reported $1.85 per share in profit on sales of $102.5 billion for its fourth and final quarter of fiscal 2025. The S&P 500 component company beat analyst forecasts by eight cents, and revenue ran about $220 million past forecasts. The company boasts that iPhone revenue of $49 billion was its best ever for a September quarter, while Services revenue of $28.8 billion was quite simply the best Apple had recorded... ever."
S&P 500 components and two of the Magnificent 7 produced stronger-than-expected earnings, lifting market sentiment and pushing the Vanguard S&P 500 ETF (VOO) up 0.8% premarket. Apple reported $1.85 EPS on $102.5 billion sales in Q4 fiscal 2025, beating forecasts and posting record September-quarter iPhone revenue of $49 billion and Services revenue of $28.8 billion. Apple management forecasted 10%–12% revenue growth for Q1 fiscal 2026, implying sales above $131 billion. Apple stock rose over 2% premarket. Amazon earned $1.95 per share for fiscal Q3 2025 on $180.2 billion in sales, surpassing analyst expectations.
Read at 24/7 Wall St.
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