Apple Surpasses Q4 Revenue Expectations, Earnings Impacted by EU Ruling

Reported 26 days ago

Apple has reported strong fiscal fourth-quarter earnings, exceeding revenue estimates at $94.9 billion, compared to projections of $94.36 billion. However, the diluted earnings per share came in at $0.97, affected by a one-time charge related to a European court decision, which could have raised EPS to $1.64. Apple CFO Luca Maestri highlighted consumer interest in new features and upgrade cycles, which remain challenging to anticipate.

Source: YAHOO

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