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<Results> Apple Inc. (AAPL.US) Beats Expectations in Last Quarter; Services Revenue +16% YoY, iPhone Sales Miss
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Apple Inc. (AAPL.US) announced that EPS for its second fiscal quarter was USD2.01, above the expected USD1.95. Revenue rose 17% YoY to USD111.18 billion, also higher than the expected USD109.66 billion. Gross margin was 49.3%, above the expected 48.4% and higher than 48.2% in the previous fiscal quarter. iPhone revenue increased 22% YoY to USD56.7 billion, below the expected USD57.21 billion. iPhone unit sales missed expectations for the second time in three quarters, making it the only product segment in this earnings report that fell short of forecasts. Mac revenue rose about 6% to USD8.4 billion, above the expected USD8.02 billion. iPad revenue increased 8% to USD6.91 billion, topping the expected USD6.66 billion. Revenue from wearables, home and accessories grew 5% to USD7.9 billion, exceeding the expected USD7.7 billion. Services revenue climbed 16% to USD30.98 billion, beating the expected USD30.39 billion. By region, revenue in the Americas rose 12% to USD45.1 billion. Sales in Greater China surged 28% to USD20.5 billion, above expectations. Research and development expenses jumped 33% to USD11.4 billion in the quarter, significantly outpacing revenue growth. The board approved an additional USD100 billion share repurchase program and declared a cash dividend of USD0.27 per share. (me/s) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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