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Apple reports Q2 revenue for its Services segment, which includes Apple TV+ and Apple Music, grew 5.5% YoY to $20.9B and authorizes $90B in share buybacks (Todd Spangler/Variety)

Posted 1 month ago by technology_o6swjd
Landwebs

Todd Spangler / Variety:
Apple reports Q2 revenue for its Services segment, which includes Apple TV+ and Apple Music, grew 5.5% YoY to $20.9B and authorizes $90B in share buybacks  —  But the tech giant topped Wall Street expectations and its services business hit a new record for sales, while iPhone revenue also increased year-over-year.

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← Apple Q2 revenue: iPhone down 2% YoY to $51.33B, Mac down 31% YoY to $7.17B, iPad down 13% YoY to $6.67B, and Wearables, Home, and Accessories down 1% to $8.76B (Kif Leswing/CNBC)
Coinbase reports Q1 revenue of $772.5M, down from $1.17B in Q1 2022, vs. $655M est., net loss of $78.9M, trading volume of $145B, vs. $147.7B est.; COIN up 6%+ (Bill Peters/MarketWatch) →

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