Reported 3 days ago
Apple's fiscal third-quarter earnings surpassed Wall Street expectations, with earnings per share at $1.57 and revenue reaching $94.04 billion, exceeding forecasts of $1.43 and $89.30 billion respectively. The strong performance was largely attributed to higher than expected iPhone sales, which totaled $44.58 billion. However, wearables and iPad sales did not meet projections. Greater China revenue also outperformed estimates, hitting $15.37 billion. Analysts are looking for guidance regarding future margins and potential tariff impacts in upcoming calls.
Source: YAHOO