Reported about 15 hours ago
Apple's stock rose over 3% in extended trading after the company reported fiscal fourth-quarter earnings surpassing analysts' expectations, with earnings per share at $1.85 and revenue increased by 8% year-over-year to $102.47 billion. A record services revenue and a boost in iPhone sales, particularly following the launch of the iPhone 17, contributed to the positive results. CEO Tim Cook expressed optimism about achieving the best holiday season yet for Apple, forecasting December-quarter revenue to grow by 10% to 12%.
Source: YAHOO