Earnings

Apple now has $207.06 billion in cash on hand, up slightly from last quarter

Apple CEO Tim Cook greets customers at the grand reopening of Apple’s flagship Apple Fifth Avenue retail store on September 20, 2019 in New York City.

Taylor Hill | Getty Images

Apple stock is heading into 2020 with a strong rally. Shares are up more than 7% this year and more than 100% since reporting first-quarter earnings last year.

Moving forward, investors will look to Apple’s sales in China, which accounted for 16.7% of its revenue in the last four quarters. Apple’s wearables are likely to carry interest as well, as the Apple Watch and AirPods continue to catch attention.

Products You May Like

Articles You May Like

Katherine Johnson: Hidden Figures Nasa mathematician dies at 101
Julian Assange ‘put lives at risk’ by sharing unredacted files
Coronavirus live updates: Korean Air cabin crew member tests positive, Singapore Airlines freezes hiring
Domino’s stock soars 17% on earnings beat; pizza chain backs long-term outlook
Boston Beer founder Jim Koch defends hard seltzer investment after disappointing earnings report

Leave a Reply

Your email address will not be published. Required fields are marked *