Apple Shares Rise on Strong Earnings and $100 Billion Buyback Plan
Apple's stock rose following its record quarterly results and a $100 billion share buyback plan, despite a slight decline in price on May 1. The company reported 17% sales growth and 22% EPS growth, exceeding expectations. The broader market saw mixed performance, with the S&P 500 and Nasdaq Composite rising slightly.
Topics: AI Apple Earnings Revenue Growth Stock Performance