Categories: Business

Apple EPS $1.53 vs. $1.50 exp. Revenue $90.75 billion versus 90.01 billion exp.

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)

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Rana Adam

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