Company News: Apple (AAPL) quarterly earnings beat analysts’ estimate

Market news

2 February 2018

Company News: Apple (AAPL) quarterly earnings beat analysts’ estimate

Apple (AAPL) reported Q1 FY 2018 earnings of $3.89 per share (versus $3.36 in Q1 FY 2017), beating analysts' consensus estimate of $3.85.

The company's quarterly revenues amounted to $88.293 bln (+12.7% y/y), generally in-line with analysts' consensus estimate of $87.617 bln.

AAPL rose to $169.25 (+0.88%) in pre-market trading.

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