welcome
Yahoo Finance

Yahoo Finance

Technology

Technology

Apple earnings top Wall Street forecasts while iPhone, China sales fall short

Yahoo Finance
Summary
Nutrition label

86% Informative

Apple reported earnings per share of $ 2.40 on revenue of $124.3 billion in the first quarter .

The company's Greater China sales topped out at $18.5 billion .

Apple ’s iPhone segment brought in $69.1 billion versus expectations of $71 billion .

Jefferies and Loop Capital downgraded shares last week on fears of sluggish iPhone sales.

Small business owner?

Otherweb launches Autoblogger—a revolutionary way to bring more leads to any small business, using the power of AI.