Earnings

Apple (AAPL) earnings Q3 2022

0


Apple reported fiscal third-quarter earnings on Thursday that beat Wall Street expectations for sales and profit but showed slowing growth for the iPhone maker.  

Apple stock rose over 3% in extended trading.

Here are the key numbers compared to what Wall Street was expecting, per Refinitiv estimates:  

  • EPS: $1.20 vs. $1.16 estimated, down 8% year-over-year 
  • Revenue: $83 billion vs. $82.81 billion estimated, up 2% year-over-year 
  • iPhone revenue: $40.67 billion vs. $38.33 billion estimated, up 3% year-over-year 
  • Services revenue: $19.60 billion vs. $19.70 billion estimated, up 12% year-over-year 
  • Other Products revenue: $8.08 billion vs. $8.86 billion estimated, down 8%…



Source cnbc.com

0 0 votes
Article Rating

U.S. economy probably barely grew last quarter and may have contracted

Previous article

Fed hikes interest rates by 0.75 percentage point

Next article

You may also like

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More in Earnings