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Market Impact: 0.35
Apple Sales Rise 12%; Tariff Refunds Pad EPS: Rapid Earnings Reaction
Source: fool.com
Corporate EarningsCapital Returns (Dividends / Buybacks)Company FundamentalsTrade Policy & Supply Chain
Apple said iPhone and Services each set records and that it returned to shareholders all $28 billion of operating cash flow. A one-time tariff refund lifted gross margin and earnings per share, so part of the reported improvement came from a nonrecurring item.
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