Shares of Apple Inc.(NASDAQ:AAPL) slumped over 6% in after
hours as much awaited third quarter earnings are out and the company missed
analysts estimates by wide margin in terms of EPS and revenue.
Moreover iPhone
sold 26 million, well below analysts’ estimates of 29 million.
Get Complete Earnings Report Here
The company earned $9.32 a share on revenue of $35 billion,
missing analysts target of $10.38 a share on revenue of $37.35. However, the
company topped its own guidance.
Following is the brief earnings card :-
No comments:
Post a Comment