What Apple's Q2 Earnings Mean For Mutual Fund Investors (AAPL)

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What Apple's Q2 Earnings Mean For Mutual Fund Investors (AAPL)

Apple logo in blue
After the closing bell on Monday, Apple released its second quarter financial results. Here’s what the results mean for mutual fund investors.

Inside AAPL’s Results

Earnings

The company reported earnings of $13.6 billion, or $2.33 per share, up 33% from $10.2 billion, or $1.66 per share, a year ago. Analysts expected to see EPS of $2.06.

Revenue
Revenue increased 27% to $58.01 billion from $45.65 billion in the year prior. Analysts expected to see sales of $56.06 billion.

Revenue Led By iPhone

Apple’s results surged during the quarter due to strong results for the iPhone. The company sold over 60 million iPhones during the quarter, a 40% increase from last year. However, this growth is not similar among other products. iPad sales have continued to decline over the last few years.

Mutual Funds to Watch

Investors interested in AAPL may be interested in the funds listed below. These funds currently have the largest stakes in the company.

The Bottom Line

The funds listed above allow investors to gain exposure to AAPL while remaining diversified. Investors interested in AAPL may also be interested in Microsoft (MSFT) and Google (GOOG).

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Why 30 trillion is invested in mutual funds book

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Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

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Find out why $30 trillon is invested in mutual funds.


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Apple logo in blue

What Apple's Q2 Earnings Mean For Mutual Fund Investors (AAPL)

After the closing bell on Monday, Apple released its second quarter financial results. Here’s what the results mean for mutual fund investors.

Inside AAPL’s Results

Earnings

The company reported earnings of $13.6 billion, or $2.33 per share, up 33% from $10.2 billion, or $1.66 per share, a year ago. Analysts expected to see EPS of $2.06.

Revenue
Revenue increased 27% to $58.01 billion from $45.65 billion in the year prior. Analysts expected to see sales of $56.06 billion.

Revenue Led By iPhone

Apple’s results surged during the quarter due to strong results for the iPhone. The company sold over 60 million iPhones during the quarter, a 40% increase from last year. However, this growth is not similar among other products. iPad sales have continued to decline over the last few years.

Mutual Funds to Watch

Investors interested in AAPL may be interested in the funds listed below. These funds currently have the largest stakes in the company.

The Bottom Line

The funds listed above allow investors to gain exposure to AAPL while remaining diversified. Investors interested in AAPL may also be interested in Microsoft (MSFT) and Google (GOOG).

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Popular Articles

Download our free report

Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

Why 30 trillion is invested in mutual funds book

Download our free report

Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

Download our free report

Find out why $30 trillon is invested in mutual funds.


Read Next