Ace Ventura Investigates Apple's Climbing Shares After Earnings Report

Apple's Stock Soars

Alrighty then! Apple shares shot up 7% after they reported earnings that beat expectations and announced a massive buyback program. The board gave the green light to buy back $110 billion in stock a record breaking move despite sales dropping overall and specifically in the iPhone department.

Tim Cook Dishes the Deets

Apple's CEO Tim Cook spilled the beans on the company's future plans. He hinted at sales growing in the "low single digits" in the upcoming quarter and teased about big announcements at the iPad event.

Services to the Rescue

Apple's Services division shone bright with a 14.2% sales increase to $23.9 billion. It seems like subscriptions and licensing deals are keeping the fruit company healthy.

China on the Map

"I feel good about China," said Cook as Apple saw sales in Greater China drop only 8% contrary to worries they were losing market share. Ace Ventura would say 'That's the way the cookie crumbles!'

New Products on the Horizon

Apple is set to unveil new iPads and possibly more surprises at their upcoming events. Will these new products be 'alllll righty then' worthy? We'll have to wait and see!

Cook Addresses the Numbers

Despite iPhone sales dropping about 10% Cook reassured that minus last year's sales boost revenue would have been steady. Looks like the M3 chip in the MacBook Airs saved the day!