Loup Ventures: Apple is leading for the long-term

Apple yesterday announced earnings results for its fiscal 2020 second quarter ended March 28, 2020 and Loup ventures has weighed in.
The company posted quarterly revenue of $58.3 billion, an increase of 1 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.55, up 4 percent. International sales accounted for 62 percent of the quarter’s revenue.
Prior to Apple’s earnings release, analysts consensus estimates were $54.54 billion in revenue and $2.26 EPS
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