Apple stock finish flat following Q3 earnings despite a decline in iPhone sales

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 51 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 63%

Apple Noticias

Iphone Sales,Apple Intelligence,Luca Maestri

Apple reported better-than-anticipated earnings on Thursday, despite a decline in iPhone sales.

) stock closed out the trading day Friday on a slightly positive note, despite posting a year-over-year decline in iPhone sales in its third-quarter earnings on Thursday.

Despite the miss, Apple CFO Luca Maestri told Yahoo Finance's Josh Lipton that the company's sales are generally improving in the region. What's more, Maestri said Apple is seeing record upgrades in the country and that sales were better than in the first half of the year.For the quarter Apple saw earnings per share of $1.40 on revenue of $85.5 billion. Analysts were anticipating EPS of $1.35 and revenue of $84.4 billion, according to estimates compiled by Bloomberg.

Analysts are torn on the potential impact of Apple Intelligence on iPhone sales in the year ahead, with some saying the software will kick off a fresh iPhone sales supercycle and others laying out more bearish expectations for the technology’s effect on Apple’s bottom line. PARIS — Canada's record fell to 3-3 in Olympic women's 3x3 basketball play following a pair of overtime losses to the United States and Spain on Friday.Kamala Harris wins delegate votes needed to be Democrats' presidential nominee

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 47. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Apple to report Q3 earnings as Wall Street eyes China salesApple will report its Q3 earnings after the bell on Thursday.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »