Apple Stock Rallies After iPhone Maker's Better-Than-Feared Earnings
Apple shares rose 2% Friday morning, after the company reported stronger-than-expected earnings. Net income rose to $36.3 billion, topping analysts' estimates, as did earnings per share. iPhone sales fell nearly 1% on the year to $69.
1don MSN
Wall Street is mainly focused on Apple's iPhone sales in China and any guidance related to its March quarter, which could ...
Apple reported $18.5 billion in sales in greater China last quarter, comfortably below consensus estimates of $20.9 billion.
“Our record revenue and strong operating margins drove EPS to a new all-time record with double-digit growth and allowed us ...
Apple stock lifted following guidance for the current quarter after the company reported a drop in ​iPhone and China sales.
Apple's latest earnings have impressed some investment advisors, with Morgan Stanley inching its Apple stock price target up ...
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