Apple reported earnings for its June quarter on Tuesday that were above expectations, and the company's revenue returned to growth after two straight down quarters. Apple’s guidance also beat analyst expectations. The stock rose more than 4% in after-hours trading. China's Huawei reported a 23.2% year-over-year increase in revenue for the first six months of 2019 year despite facing political headwinds. Huawei's carrier business, which sells core networking equipment, reported 146.5 billion yuan ....

31 Jul 2019
Apple shares rise 4% after strong results, Huawei H1 revenues jump despite ban, Nintendo reports 10% decline in profit

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Apple shares rise 4% after strong results, Huawei H1 revenues jump despite ban, Nintendo reports 10% decline in profit
Apple Inc. (0R2V:LON) | 21,250 34000 0.8% | Mkt Cap: 3,153,583m
- Published:
31 Jul 2019 -
Author:
Kartik Swaminathan -
Pages:
4 -
Apple reported earnings for its June quarter on Tuesday that were above expectations, and the company's revenue returned to growth after two straight down quarters. Apple’s guidance also beat analyst expectations. The stock rose more than 4% in after-hours trading. China's Huawei reported a 23.2% year-over-year increase in revenue for the first six months of 2019 year despite facing political headwinds. Huawei's carrier business, which sells core networking equipment, reported 146.5 billion yuan ....