Apple Tops Revenue Estimates as China Sales Fall Short
Technology · First reported 2 Nov, 21:30 · Updated 22:16
Apple’s reported revenue slightly exceeded analysts’ estimates, while revenue or sales in China came in below expectations. Coverage also notes strong iPhone and Mac sales and a forthcoming holiday sales forecast.
- Apple’s September-quarter revenue narrowly topped analysts’ estimates, while sales in China fell short of projections.
- Apple said sales slowed in its fiscal fourth quarter but still beat estimates; revenue from China missed estimates.
- Another report highlighted solid iPhone and Mac sales alongside weaker performance in China, as Wall Street awaited a holiday sales forecast.
Summary written by Lux AI from 3 articles
Key facts
- Revenue
- September-quarter revenue narrowly topped analysts’ estimates.
- China
- Sales or revenue in China fell short of expectations.
- Sales trend
- Apple said sales slowed in its fiscal fourth quarter but beat estimates.
- Products
- Strong iPhone and Mac sales were reported alongside weaker performance in China.
- CEO
- The report was the first earnings report posted under CEO John Ternus.
- Next item
- Wall Street awaited a holiday sales forecast.
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