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Apple’s overall revenue rose by 4% in the first quarter, but it missed on Wall Street’s iPhone sales expectations and saw sales in China decline 11.1%, the company reported on Thursday.
Here’s how Apple did versus LSEG consensus estimates for the quarter ending Dec. 28.
Here’s how Apple did versus LSEG consensus estimates for the quarter ending Dec. 28.
- Earnings per share: $2.40 vs. $2.35 estimated
- Revenue: $124.30 billion vs. $124.12 billion estimated
- iPhone revenue: $69.14 billion vs. $71.03 billion estimated
- Mac revenue: $8.99 billion vs. $7.96 billion estimated
- iPad revenue: $8.09 billion vs. $7.32 billion estimated
- Other Products revenue: $11.75 billion vs. $12.01 billion estimated
- Services revenue: $26.34 billion vs. $26.09 billion estimated
- Gross margin: 46.9% vs. 46.5% estimated