{"id":88115,"date":"2024-05-03T00:57:51","date_gmt":"2024-05-03T04:57:51","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=88115"},"modified":"2024-05-03T01:21:50","modified_gmt":"2024-05-03T05:21:50","slug":"apples-falling-iphone-sales-dont-bother-wall-street-so-long-as-margins-buybacks-are-increasing","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2024\/apples-falling-iphone-sales-dont-bother-wall-street-so-long-as-margins-buybacks-are-increasing.html","title":{"rendered":"Apple\u2019s falling iPhone sales don\u2019t bother Wall Street so long as margins, buybacks are increasing"},"content":{"rendered":"\n<p>(CNBC) A 10% decline in iPhone sales sounds like a problem for\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/AAPL\/\">Apple<\/a>, considering the company counts on the devices for half its revenue. But investors didn\u2019t seem to mind on Thursday, when Apple revealed the year-over-year drop in its fiscal second-quarter\u00a0<a href=\"https:\/\/www.cnbc.com\/2024\/05\/02\/apple-aapl-earnings-report-q2-2024.html\">earnings report<\/a>. The stock rose more than 6% after the market close, a rally that would be the steepest since November 2022 should it continue into regular trading on Friday.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/05\/02\/apples-falling-iphone-sales-not-a-problem-as-margins-buybacks-grow.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) A 10% decline in iPhone sales sounds like a problem for\u00a0Apple, considering the company counts on the devices for half its revenue. But investors didn\u2019t seem to mind on Thursday, when Apple revealed the year-over-year drop in its fiscal [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-88115","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88115","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=88115"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88115\/revisions"}],"predecessor-version":[{"id":88116,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88115\/revisions\/88116"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=88115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=88115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=88115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}