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Apple (AAPL) Tops Q4 EPS by 13c, Service Revenues Reach $10 Billion
November 1, 2018 4:30 PM EDT(Updated - November 1, 2018 4:34 PM EDT)
Apple (NASDAQ: AAPL) reported Q4 EPS of $2.91, $0.13 better than the analyst estimate of $2.78. Revenue for the quarter rose 20% to $62.9 billion versus the consensus estimate of $61.57 billion. International sales accounted for 61 percent of the quarters revenue.
Services revenue reached an all-time high of $10 billion. Excluding a one-time favorable adjustment of $640 million recognized in the fourth quarter of fiscal 2017,... More
