A post by @DeItaone on X.
*APPLE 4Q EPS $2.10, EST. $2.00
@DeItaone on X
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Apple reported fiscal fourth-quarter earnings that beat Wall Street expectations, with EPS of $2.10 versus the $2.00 consensus and revenue of $114.48 billion against estimates of $113.47 billion. iPhone revenue came in at $57.58 billion, topping the $56.49 billion estimate, while Services revenue was essentially in line at $31.57 billion versus $31.58 billion expected. Wearables, Home and Accessories revenue of $8.30 billion missed the $9 billion estimate, and Greater China revenue of $17.54 billion fell short of the $18.75 billion consensus. Operating expenses matched forecasts at $19.19 billion. The results underscore continued strength in the iPhone franchise and a plateau in Services growth, though weakness in China and softness in wearables may weigh on sentiment; investors will watch management commentary on China demand and holiday-quarter guidance for direction.
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Apple (AAPL), Walter Bloomberg
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