Apple reported earnings after the bell. Here are the results.
Earnings: $1.52 per share vs $1.43 per share expected, according to Refinitiv Revenue: $94.84 billion vs $92.96 billion expected, according to Refinitiv
Apple prepared investors for a down quarter in January. The company hasn’t provided formal guidance since 2020, but it gives analysts and investors a number of data points that can be used to roughly estimate its performance.
Apple reported second-fiscal quarter earnings on Thursday that beat Wall Street’s soft expectations for sales and revenue, driven by stronger-than-anticipated iPhones sales.
However, Apple’s overall sales fell for the second quarter in a row.
“It was quite a good quarter from an iPhone point of view, particularly relative to the market when you look at the market stats,” Cook told CNBC’s Steve Kovach.
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