Apple (AAPL) reported fiscal fourth-quarter results that topped Street expectations. The tech giant reported earnings per share of $1.46 compared to estimates of $1.39 and revenue of $89.50 billion versus estimates of $89.35 billion. The results got a boost from better-than-expected iPhone sales and its services segment. Greater China sales missed analyst estimates, however.
Tom Forte, D.A. Davidson Managing Director and Senior Research Analyst, discusses Apple’s earnings results ahead of its earnings calls and the challenges the iPhone maker is seeing in device sales and China.
“The 2% decline in China is a concern and China is about 20% of revenue for Apple,” Forte tells Yahoo Finance. “But, again, investors should breathe a sigh of relief to the extent that sales and earnings were better than expected and there’s enough in there to give some people hope.”
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Are this expectations are for growth company? Weird
They nailed value company expectations
Still holding. Let’s go 🇮🇳
Stocks & Bonds ripped soo frik’n hard, thought we won both wars and Apple was going to hit it over the Great Wall.
Time for Apple to come home and utilize all the languishing small companies here.
Let’s go lower please need more Apple 🍎 share
Foxconn is getting into making EV’s so maybe Apple Car soon 🎉
Iphone nearly 50pc of basically static revenue. One product. What happens when, as it must, it fades? Juiciest short in history.
Such a boomer stock. No growth here
Down 3%. No growth. Fail. Time to short.
Don’t short at support. Apple will bounce heavy tomorrow
They need the car to rollout soon.
Apple will bounce back tomorrow, overall market is looking strong until December or later
Your videos are the first thing I watch