Expectations of winnings:
- Earnings per share (EPS): $1.53 versus $1.50 expected. BEAT
- Revenue: $90.75 vs. $90.01 billion expected: BEAT
Performance by Business Unit:
- iPhone revenue: $45.96 billion vs. $46.00 billion expected
- Mac revenue: $7.45 billion versus $6.86 billion expected
- iPad revenue: $5.56 billion versus $5.91 billion expected
- Wearables, home and accessories revenue: $7.91 billion vs. $8.08 billion expected
- Services revenue: $23.87 billion versus $23.27 billion expected
- China had revenue of $16.37 billion, down 8.1% year-on-year from an estimate of $15.87 billion.
- gross margins of $42.27 per day versus $42.01 billion expected
On China said: “I am delighted that, in an extraordinary competitive environment, we have increased iPhone sales in mainland China.”
Shares are trading up 3.54% after hours as of 4:38 p.m. ET.
————————————————– ————————————————– —
In other results published after the closing:
DraftKings Inc (DKNG): Shares are trading up 1.5% in after-hours trading.
- Revenue: $1.17 billion (BEAT forecast of $1.12 billion)
- Note: Net Profit and Adj. EBITDA provided, but EPS not specified.
United States Steel Corp (X): Shares are trading down -1.05% after hours
- Adj. EPS: $0.82 (MISSED expectations of $0.83)
- Revenue: $4.16 billion (MISSED expectations of $4.21 billion)
Block Inc (SQ): Shares trade up 6.0% after hours
- Adj. EPS: $0.85 (BEAT expectations of $0.72)
- Revenue: $5.96 billion (BEAT forecast of $5.82 billion)
Live Nation Entertainment Inc (LYV): Shares trade up 0.83% after hours
- EPS: -$0.53 (MISSED expectations of -$0.19)
- Revenue: $3.8 billion (BEAT expectations of $3.26 billion)
Illumina Inc (ILMN); Shares trade down 4.02% after hours
- Adj. EPS: $0.09 (BEAT expectations of $0.04)
- Revenue: $1.08 billion (BEAT forecast of $1.05 billion)
Monster Beverage Corp (MNST): Shares Trading Up 3.76% After Hours
- EPS: $0.42 (MISSED expectations of $0.43)
- Revenue: $1.9 billion (MET expectations of $1.9 billion)
Coinbase Global Inc (COIN): Shares Trade Down -1.12% After Hours
- EPS: $4.40 (BEAT expectations of $1.00)
- Revenue: $1.64 billion (BEAT forecast of $1.34 billion)
Expedia Group Inc (EXPE): Shares Trade Down -6.47% After Hours
- Adj. EPS: $0.21 (BEAT expectations of -$0.24)
- Revenue: $1.99 billion (BEAT expectations of $1.97 billion)
Amgen Inc (AMGN): Shares Trading Up 0.94% After Hours
- Adj. EPS: $3.96 (BEAT expectations of $3.87)
- Revenue: $7.45 billion (BEAT expectations of $7.44 billion)
Booking Holdings Inc (BKNG): Shares trade up 6.48% after hours
- EPS: $20.39 (BEAT expectations of $14.06)
- Revenue: $4.4 billion (BEAT forecast of $4.25 billion)
cnbctv18-forexlive
