Tag Archives: expected

Apple forecasts revenue largely above estimates, shares rise – Reuters

(Reuters) – Apple Inc forecast current-quarter revenue largely above estimates on Tuesday, helping allay some investor concerns about a possible delay in the launch of the iPhone’s 10th-anniversary edition later this year. Shares of the world’s most valuable technology company, which also reported better-than-expected third-quarter iPhone sales, were up 3.1 ...

Read More »

Apple's Shares Rise on Strong iPhone Sales – Fortune

Apple reported a 7.2% rise in quarterly revenue on Tuesday, buoyed by better-than-expected sales of its iPhones ahead of the smartphone’s 10th-anniversary edition launch later this year. The company said iPhone sales rose 1.6% to 41.03 million in the third quarter ended July 1, above analysts’ average estimate of 40.7 ...

Read More »

Sprint swings to a profit, helped by cost cuts – Reuters

NEW YORK (Reuters) – Sprint Corp (S.N) on Tuesday swung to a quarterly profit for the first time in three years as it slashed costs and added subscribers, sending shares in the No. 4 U.S. wireless carrier higher. Sprint is in the middle of a turnaround plan and has sought ...

Read More »

BP sees oil prices below $55 a barrel in 2018 – Reuters

LONDON (Reuters) – BP expects global oil prices to hold within a range of $45-$55 a barrel next year as U.S. shale production grows, the British company’s chief financial officer said on Tuesday. After a slow start to the year, global oil demand recovered in the second quarter of 2017 ...

Read More »
Scroll To Top