Apple Surpasses Q4 Expectations, Shares Rise Despite Weak China Sales

Reported about 22 hours ago

Apple's Q4 earnings report beat expectations with a revenue of $102.5 billion and earnings per share of $1.85, although iPhone sales from China fell short. The stock rose nearly 4% after CEO Tim Cook expressed an optimistic outlook for future performance, anticipating a record December quarter and improved growth in the China market. Despite supply constraints for the new iPhone 17, Cook remains confident in the company's growth trajectory.

Source: YAHOO

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