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
Stunning Archival Photos of the 1906 Earthquake and FireWhy Nearly 50 California Hospitals Were Forced to End Maternity Ward ServicesSan Francisco Sues Oakland Over Plan to Change Airport NameDemocrats Again Vote Down California Ban on Unhoused EncampmentsFederal Bureau of Prisons Challenges Judge’s Order Delaying Inmate Transfers from FCI DublinFirst Trump Criminal Trial Underway in New YorkCould Protesters Who Shut Down Golden Gate Bridge Be Charged With False Imprisonment?Jail Deaths Prompt Calls To Separate Coroner And Sheriff's Departments In Riverside CountyDespite Progress, Black Californians Still Face Major Challenges In Closing Equality GapThe Beauty in Finding ‘Other People’s Words’ in Your Own