APPLE BEATS Q3 ESTIMATES, BUT CHINA FALLS SHORT
Apple reported $109.42 billion in Q3 revenue, exceeding analyst expectations by $770 million, driven by strong iPhone and Mac sales. However, China revenue and services growth both underperformed projections.
Apple: Apple reports Q3 revenue up 16% YoY to $109.42B, vs. $108.65B est., net income up 27% to $29.79B, and China reven…
Stephen Nellis / Reuters: Apple Q3: iPhone up 22% YoY to $54.25B, vs. $53.86B est., Mac up 29% to $10.35B, iPad down 6%…
Tony Wang, T. Rowe Price science and technology equity strategy portfolio manager, reacts to Apple's third-quarter earni…
Apple sales grew more slowly than analysts anticipated in China and its services business last quarter. Though total re…
Apple said a slowdown in mobile gaming and changes to the App Store’s business model — including court-ordered payment r…
Apple is worried enough about supply shortages that it reported about $11.1 billion in inventory, which is almost double…
Apple tumbled in late trading after component shortages weighed on the company’s sales forecast. Ed Ludlow breaks down t…
Apple Inc. led a 7% increase in global smartphone revenue over the June quarter, showing how rising prices are offsettin…
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