I believe that there has been and will continue to be success for the iphone 17 series.
But I am curious if aapl still has the hunger and the innovative power to churn out tech that might fizzle out, but shows their proverbial muscles. If they lose sight of what makes them great, by either focusing on trying to create their own AI functionalities (it is concerning that they allowed SIRI to slowly decay and fall backwards as a phone assistant), or tunnel vision fully on their phones because it brings most of their success, then this transition of leadership might mark the death of a behemoth.
Apple Rises 2%: Can $100B Buyback Outweigh Inventory Pressure?
Apple reported fiscal Q2 2026 revenue of $111.2 billion, up 17% year-over-year and an all-time record for the March quarter, coming in above the high end of prior guidance. China revenue posted another double-digit increase, iPhone revenue hit a same-period record, and current-quarter guidance surprised to the upside. CFO signaled abandonment of the long-held net-cash-neutral target alongside a fresh $100 billion buyback authorization. Can the buyback underpin the stock, and how significant will memory cost headwinds prove to be?
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