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Apple Q3 earnings beat estimates, China revenue falls short

DeFi Daily News by DeFi Daily News
August 1, 2024
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Apple (AAPL) reported third quarter results that topped Street estimates on both the top and bottom lines. Earnings of $1.40 per share topped estimates of $1.35. Revenue of $85.78 billion was better than the expected $84.46 billion.
Greater China revenue was weaker than expected, $14.73 billion versus an estimate of $15.26 billion.
All of Apple’s individual units posted revenue that was better than the Street looking for, with the Services revenue coming in at $24.21 billion compared to the Street’s estimate of $23.96 billion.
Asking for a Trend anchors Josh Lipton and Julie Hyman recap the tech giant’s results in the video above.
#youtube #news #Apple

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Tags: AppleBeatBondsbusinessChinaCurrenciesEarningsEquitiesestimatesFallsFXInvestingInvestmentMarketMarketsMoneyNewsNYSEPersonal FinancePoliticsRevenueSavingsShortStock marketstocksYahoo FinanceYahoo FInance Premium
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