💨 Abstract

Apple Inc. reported fiscal second-quarter earnings of $24.78 billion, beating Wall Street expectations. The Cupertino, California-based tech giant posted a net income of $1.65 per share and revenue of $95.36 billion. Apple shares have dropped 15% since the beginning of the year but rose by 26% in the last 12 months. The company's earnings topped expectations despite a broader market decline.

Courtesy: wtop.com

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