Apple Reports Record Q2 Revenue Amid Spirit Airlines Shutdown Preparations

Spirit Airlines is preparing to shut down as early as tonight, according to the Wall Street Journal. The odds of a government bailout for Spirit Airlines have dropped to 30%, according to Kalshi. GameStop is preparing an offer to buy eBay, according to a Wall Street Journal report.

GameStop has been building a stake in eBay's shares ahead of a potential offer, the New York Post reported. Russia is deploying post WWII-era tanks, according to Western officials. Wall Street Journal reporter Evan Gershkovich was denied a detention appeal in Moscow, according to CNN.

Evan Gershkovich appeared in a Russian court, CNN reported. A Moscow court upheld the terms of Evan Gershkovich's detention. Vladimir Putin visited Russian troops at a military headquarters in Kherson, according to CNN.

Four civilians were killed in Russian attacks around the front lines, according to Ukrainian officials. Nearly 30 people were injured in Russian attacks around the front lines, Ukrainian officials said. The head of the Wagner mercenary group threatened retribution against former fighters who claimed they were ordered to commit atrocities against civilians, including children, in Ukraine.

U.S. sent a letter last month warning Russia not to touch sensitive nuclear technology at a Ukrainian nuclear power plant. S.

2 billion in revenue for the second quarter of 2026. Apple's earnings report was the first after the announcement of Tim Cook's pending departure, according to The Guardian. Tim Cook shared thoughts on the leadership transition on Thursday, The Guardian reported.

““There’s no one on this planet I trust more to lead Apple into the future” than incoming CEO John Ternus.”

— Tim Cook

““Never forget the north star for the company. You know, we’re about making the best products in the world that really enrich other people’s lives.””

” Apple reported double-digit growth across every geographic segment, Tim Cook said. There was extraordinary demand for the iPhone17 lineup, according to Tim Cook.

Wall Street expectations for Apple's revenue were $110 billion. 4 billion in revenue in greater China. 96. 01 in earnings per share.

Apple’s stocks rose in after-hours trading after the earnings release. Apple announced on 20 April that John Ternus would take over as CEO in September. Tim Cook warned of “higher” memory costs in the third quarter.

Tim Cook said the main supply constraint for Apple is advanced nodes that chips are produced on. Samsung reported a nearly 50-fold increase in memory chip profit in its quarterly earnings. Tim Cook said he was thrilled by increasing revenue in China, primarily driven by iPhone sales.

Tim Cook said there is a “huge opportunity” in India. Tim Cook said he is “over-the-moon excited” about India. Apple currently has a “modest share” in India’s phone market, Tim Cook said. ” Tim Cook cited AirPods’ live translation feature as an example of AI integration.

Apple promises to release a revamped Siri later this year, according to Tim Cook. Tim Cook said the company “under-called the level of enthusiasm” for the newly released, budget-focused MacBook Neo. John Ternus joined Apple’s product design team in 2001.

John Ternus’s contributions were instrumental in introducing the iPad and AirPods. John Ternus’s contributions were instrumental in many generations of iPhone, Mac, and Apple Watch products. Apple is expected to launch its first foldable iPhone later this year.

Reddit reported a 69% jump in revenue for the first quarter, according to Reddit. Reddit's first-quarter earnings and revenue exceeded Wall Street expectations, CNBC reported. 9 billion for the first quarter.

16 per share for the first quarter.

13 billion for the same period of 2025. com. com reported.