upper waypoint

Apple Earnings Up 54% But Miss Expectations; Listen to Analyst Conference Call

Save ArticleSave Article
Failed to save article

Please try again

Apple announced 4th quarter earnings today.

The numbers from CBS MarketWatch:

-Net income of $6.62 billion, or $7.05 per share, up 54% over last year
-Revenue up 39% to $28.27 billion

Sounds pretty good. But not good enough, apparently. Both numbers missed analyst expectations, and shares are down roughly 6 percent after hours.

Sponsored

Macworld actually live-blogged the call. (Somebody over there can type really fast.)

Earlier, what to watch for from Mashable and an earnings preview from The Wall Street Journal.

lower waypoint
next waypoint
California Preschools Wrestle to Comply With State’s Tightened Suspension RulesSan Francisco’s New Parking Rules Set to Displace RV Community Near SF StateA New Bay Area Clásico? SF's El Farolito and Oakland Roots Set to Battle in HaywardWhy Nearly 50 California Hospitals Were Forced to End Maternity Ward ServicesStunning Archival Photos of the 1906 Earthquake and FireWhat the 99 Cents Only Stores Closure Means to CaliforniansFederal Bureau of Prisons Challenges Judge’s Order Delaying Inmate Transfers from FCI DublinDemocrats Again Vote Down California Ban on Unhoused EncampmentsFirst Trump Criminal Trial Underway in New YorkCalifornia Legislators Take Aim at Construction Fees to Boost Housing