Apple (AAPL) Slammed Nearly 5% on Q1 Results, Muted iPhone Number
Tweet
Share
E-mailGet Alerts AAPL Hot Sheet
Price: $341.07 --0%
Revenue Growth %: +10.4%
Financial Fact:
Other income and expense: 427M
Today's EPS Names:
OCCI, PMCB, BRID, More
Revenue Growth %: +10.4%
Financial Fact:
Other income and expense: 427M
Today's EPS Names:
OCCI, PMCB, BRID, More
Join SI Premium – FREE
Shares of Apple, Inc. (NASDAQ: AAPL) are immediately down 4.8 percent following disappointing first quarter results after the close Wednesday.
Apple reported Q1 EPS of $13.81, $0.37 better than the analyst estimate of $13.44. Revenue for the quarter came in at $54.51 billion versus the consensus estimate of $54.73 billion.
Apple sees Q2 revenues of $41-$43 billion versus the consensus of $45.63 billion.
The Company sold a record 47.8 million iPhones in the quarter, versus the Street consensus of 47.8 million with a range of 43.1-53 million
Apple also sold a record 22.9 million iPads during the quarter, versus the consensus of 22.4 million on average, with a range of 18.4-26 million.
Apple reported Q1 EPS of $13.81, $0.37 better than the analyst estimate of $13.44. Revenue for the quarter came in at $54.51 billion versus the consensus estimate of $54.73 billion.
Apple sees Q2 revenues of $41-$43 billion versus the consensus of $45.63 billion.
The Company sold a record 47.8 million iPhones in the quarter, versus the Street consensus of 47.8 million with a range of 43.1-53 million
Apple also sold a record 22.9 million iPads during the quarter, versus the consensus of 22.4 million on average, with a range of 18.4-26 million.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Saudi Arabia's East-west Pipeline Has Resumed Oil Exports - Bloomberg
- OpenAI says its agents leaked some user images - Reuters
- Bernstein SocGen sees downside risk to Apple's December quarter gross margin and EPS
Create E-mail Alert Related Categories
Earnings, Trader TalkSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
