
Apple and Lyft Report Mixed Results
Bloomberg Businessweek
00:00
Apple's Beat on iPhone Revenue
The big numbers that stand out to me Carol Madison is this huge beat in iPhone revenue. This is going to put them I think probably flatter even slightly up on iPhone revenue. A little bit of a miss you mentioned Carol on the service revenue it's aLittle bit of a surprise that's probably about a six percent growth rate. And then they did say that you know given our confidence in Apple's future the value we see in our stock our board is authorized an additional ninety billion for share repurchases and then of course raising their quarterly dividend for the eleventh year in a row.
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