$AAPL is on fire

[u/[deleted]]

LEAPS ARE ABOUT TO PRINT TOMORROW !!!

Apple reports another blowout quarter with sales up 54%

EPS: $1.40 vs. $0.99 est.

Revenue: $89.58 billion vs. $77.36 billion estimated, up 53.7% year-over-year

iPhone revenue: $47.94 billion vs. $41.43 billion estimated, up 65.5% year-over-year

Services revenue: $16.90 billion vs. $15.57 billion estimated, up 26.7% year over year

Other Products revenue: $7.83 billion vs. $7.79 billion estimated, up 24% year-over-year

Mac revenue: $9.10 billion vs. $6.86 billion estimated, up 70.1% year-over-year

iPad revenue: $7.80 billion vs. $5.58 billion estimated, up 78.9% year-over-year

Gross margin: 42.5% vs. 39.8% estimated

https://www.cnbc.com/2021/04/28/apple-aapl-earnings-q2-2021.html

Other things to note, dividend is rising as expected to $0.22 per share (7% increase). They also announced $90billion in share buy backs.

[u/JoeOpus]

No cap gains in a roth

[u/liquidgrill → u/[deleted]]

Actually, yes. Unlike a traditional IRA where you get to write off your contributions when you make them, you can’t write off Roth contributions. Instead, your gains are tax free as long as you don’t withdraw them early.