business / news / / The Economic Times
Apple on Thursday touted blowout demand for its flagship iPhone 17 and the MacBook Neo.
Apple announced a new $100 billion share buyback to reassure investors during its leadership transition.
KEY POINTS
- Apple's MacBook Neo helped boost Mac sales to $8.4 billion, surpassing analyst estimates.
- Apple expects significantly higher memory chip costs starting in the quarter ending in June.
- Apple's research and development spending rose 33.5% to $11.42 billion in the fiscal second quarter.
- Apple is seeking refunds for Trump-era tariffs and will reinvest them into U.S. manufacturing.
COMPANIES
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