• Company News: Apple (AAPL) quarterly results beat analysts’ expectations

Notícias do Mercado

2 novembro 2018

Company News: Apple (AAPL) quarterly results beat analysts’ expectations

Apple (AAPL) reported Q4 FY 2018 earnings of $2.91 per share (versus $2.07 in Q4 FY 2017), beating analysts’ consensus estimate of $2.78.

The company’s quarterly revenues amounted to $62.900 bln (+19.6% y/y), beating analysts’ consensus estimate of $61.549 bln.

Its iPhone shipments were flat at 46.9 mln versus analysts’ consensus estimate of 48.0 mln.

The company also issues guidance for Q1 FY 2019, projecting revenues of $89-93 bln (versus analysts’ consensus estimate of $92.88 bln) and gross margin at 38.0-8.5% (versus analysts’ consensus estimate of 38.6%).

Apple announced that starting with the December quarter, it would no longer be providing unit-sales data on iPhone, iPad and Mac.

AAPL fell to 209.91 (-5.54%) in pre-market trading.

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