Apple (AAPL) earnings Q4 2022


Apple beats on top and bottom lines, iPhone and services miss

Apple reported fiscal fourth-quarter earnings on Thursday that beat Wall Street expectations on revenue and earnings per share. 

However, Apple came up short versus revenue expectations in core product categories including the company’s iPhone business and services. 

Apple shares rose over 1% in extended trading.

Here is how Apple did versus Refinitiv consensus estimates: 

  • EPS $1.29 vs. $1.27 est. 
  • Revenue. $90.15 billion vs. $88.90 billion estimated, up 8.1% year-over-year 
  • iPhone revenue: $42.63 billion vs. $43.21 billion estimated, up 9.67% year-over-year 
  • Mac revenue: $11.51 billion vs. $9.36 billion estimated, up 25.39% year-over-year 
  • iPad revenue: $7.17 billion vs. $7.94…

Source cnbc.com

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