Customers are trying on and learning about Apple Vision Pro headsets at an Apple store in Shanghai, China, on July 22, 2024.– Shares of the iPhone maker slipped nearly 2%, even as the company beat analysts' estimates on the top and bottom lines. Appleof $1.40 per share while analysts polled by LSEG called for $1.35 per share. Revenue clocked in at $85.78 billion, also surpassing the Street's estimates.15% of its workforce. The news coincided with worse-than-expected quarterly results.
Block reported adjusted earnings of 93 cents per share, coming above consensus calls for 84 cents per share, according to analysts surveyed by LSEG. Meanwhile, revenue of $6.16 billion missed analysts' estimates for $6.28 billion.to range between $70 million to $100 million, falling short of the $110 million estimate from analysts polled by StreetAccount. Revenue for the latest quarter missed the Street's forecasts.that exceeded expectations.
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