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Earnings Update: Apple

by The "State" Team

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Earnings Update: Apple

Apple (AAPL) reported Q1 earnings per share of $13.87 per share, which was above the FactSet consensus estimate of $10.16.

The company reported revenues of $46.33 billion vs. consensus of $39.09 billion.

Apple also guided Q2 revenues to ~$32.5 billion, which was above the consensus of $31.86 billion.

Shares of AAPL were halted before the announcement at $422.20, up from the closing price of $420.41.

 

  Apple Last 12 Months
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