Apple (AAPL) earnings might be dominating the headlines and investors’ attention, but there’s a string of equally impressive and in some ways more important news to digest.
True, anytime shares in the world’s largest company by market cap bounce by 8%, it’s bound to be the biggest story of the day. AAPL did just that after Apple earnings surprised the Street with a bunch of upside catalysts.
Apple earnings exceeded the Street estimate by a comfortable margin. Revenue did too, rising when it was forecast to fall. The Apple dividend hike and increase to the Apple stock buyback program was widely expected. The 7-for-1 stock split was assuredly not.
Put it all together, and Thursday news became all Apple all the time.
Meanwhile, one of the peak weeks of first-quarter earnings season also unleashed a pack of exciting and important news from other quarters — all of which was overshadowed by Apple and its market cap topping half a trillion dollars.
So as not to be remiss, here are five important stories getting buried by Apple earnings that warrant more attention: