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Apple Shares Surge Over 4% on Strong Quarterly Results and Raised Revenue Outlook

Apple shares surged over 4% after the company reported better-than-expected quarterly earnings and raised its revenue guidance, driven by strong demand for the iPhone 17 and MacBook Neo. Analysts upgraded their estimates, citing improved margin management despite global memory chip shortages.

Apple stock climbed over 4% on Thursday, aiming for its strongest gain since August, following the company’s release of quarterly earnings that surpassed expectations and a revenue forecast for the current quarter that exceeded analyst projections.

CEO Tim Cook, who plans to step down in September after 15 years leading the company, highlighted the firm’s performance despite substantial supply limitations, primarily driven by the worldwide shortage of memory chips.

Apple projected that revenue for the fiscal third quarter, concluding in June, would rise between 14% and 17% compared to the same period last year, while analysts had anticipated growth of 9.5%. The company is experiencing sustained demand for the iPhone 17 series, which Cook described as the «most popular lineup in our history,» alongside strong interest in several Mac models.

Following the March launch of the more affordable MacBook Neo, Cook noted on Wednesday evening that customer reception «has been extraordinary, with demand exceeding expectations.»

Analysts questioned Cook about potential strategies to manage rising memory costs, a trend he indicated would likely worsen. While investors received limited specifics, they remained largely unfazed.

«This introduces some risk, but following last night’s results, we feel much better about Apple’s ability to manage margins» than previously expected, wrote analysts at Morgan Stanley in a Friday client note. «It’s the single-greatest source of our estimates moving higher post-earnings.»

The analysts, who recommend buying the stock, lifted their earnings per share projection for the fiscal year to $8.89 from $8.63.

Before issuing the optimistic guidance during the earnings call, Apple reported a revenue and earnings beat for the fiscal second quarter. Revenue climbed 17% to $111.18 billion from $95.4 billion a year earlier. Analysts were expecting sales of $109.66 billion, according to LSEG.

The company topped estimates for Mac revenue, iPad revenue and services, but came up short on iPhone sales. Apple has continued to generate profit growth as it bolsters its services business, which comes with much higher margins than hardware.

Services revenue in the quarter rose about 16% to $30.98 billion from $26.65 billion a year ago. Apple uses its massive customer base — and a total of over 2.5 billion active devices on the market — to sell subscriptions to entertainment services, as well as to services for Apple Pay, iCloud and AppleCare.

Long stuck in the high 30s, Apple’s gross margin has been steadily moving up in recent years, reaching 49.3% in the latest quarter, up from 48.2% in the previous period. For the June quarter, Apple said its gross margin will be between 47.5% and 48.5%.

KeyBanc analysts, who have the equivalent of a hold rating on the stock, said Apple’s margin forecast is «not showing the expected memory price crunch.»

Technologies

Why Travelers Are Switching to Verum E-SIM This Summer

Why Travelers Are Switching to Verum E-SIM This Summer

Summer Travel, Freedom, and Seamless Connectivity: Why Verum E-SIM Is Becoming the New Standard for Travelers

Summer is the peak season for vacations, long-distance trips, and new experiences. Millions of people travel abroad, explore new countries, plan adventures, and try to stay connected with family, work, and social media. And in the middle of all this comes a familiar question: how do you stay online without expensive roaming or the hassle of buying local SIM cards?

The answer is already here — eSIM.

Why eSIM Is So Convenient

eSIM (embedded SIM) is a built-in digital SIM card that lets you activate mobile internet without a physical card. All you need is an app — choose a plan and connect in just a couple of minutes.

No more:

* searching for local SIM cards at airports
* paying expensive roaming fees
* swapping physical SIMs every time you travel

Now your internet travels with you.

Internet in 150+ Countries

Modern eSIM solutions provide coverage in 150+ countries worldwide, helping tourists, freelancers, and business travelers stay connected almost anywhere on the planet.

Among the services offering these capabilities:

Verum E-SIM — https://esim.verum.im
World E-SIM — https://worldesim.me
USA E-SIM — https://usa.esim.verum.im
Euro E-SIM — https://euro.esim.verum.im
Canada E-SIM — https://canada.esim.verum.im
Balkan E-SIM — https://balkan.esim.verum.im
Ukraine E-SIM — https://ukraine.esim.verum.im
London E-SIM — https://london.esim.verum.im
E-SIM Africa — https://africa.esim.verum.im

All of these services work on the same principle — fast, borderless internet without roaming stress.

Why It Matters Most in Summer

During the holiday season, roaming networks get overloaded, and prices for mobile data abroad often become an unpleasant surprise for travelers.

eSIM solves this problem:

* transparent, fixed pricing
* activation in 1–2 minutes
* stable internet while traveling
* no physical SIM cards required

Final Thoughts

Travel should be about freedom — not hunting for Wi-Fi or worrying about phone bills.

eSIM is quickly becoming the new global standard for mobile connectivity: simple, fast, and borderless.

Verum E-SIM and its partner services are part of this shift, making global connectivity accessible to everyone, everywhere.

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Technologies

Episode 2 of the VERUM Mini-Series is Now Out

Episode 2 of the VERUM Mini-Series is Now Out

The story continues. Verum Messenger has released the second episode of its AI mini-series, which follows the conflict between the powerful Omega corporation, aiming to control digital communications, and a team of heroes who have chosen a different path and free communication.

The mini-series not only develops an engaging storyline but also introduces viewers to the capabilities of the Verum ecosystem, showcasing technologies and tools that may redefine the future of modern communication.

The project consists of 7 episodes, released gradually across Verum Messenger’s social media channels.

Episode 2 is now available. Stay tuned and don’t miss what comes next.

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Technologies

Verum Messenger Launches an AI Mini-Series

Verum Messenger Launches an AI Mini-Series

Verum Messenger has unveiled a new project — a mini-series created using Verum AI. The story consists of 7 episodes and will be released on the messenger’s social media channels. 

The plot revolves around a global corporation seeking to take control of digital communications and a group of heroes who use Verum Messenger as a tool of resistance. Beyond the story itself, the series highlights the app’s key features, technologies, and advantages.

Combining entertainment with a showcase of the Verum ecosystem, the project presents a dynamic digital series designed for the modern era.

The first episode premieres today, with the remaining episodes to be released over time.

Stay tuned for more.

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