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via finance.yahoo.comMarkets

Apple beats earnings estimates, but Wall Street worries about next quarter

FROM THE WIRE · FINANCE.YAHOO.COM

Apple (AAPL) reported fourth quarter results on Monday after the closing bell. Earnings per share (EPS) came in at $2.10 (compared to analyst estimates of $2.00), and revenue came in at $114.48 billion (compared to analyst estimates of $113.47 billion). D.A. Davidson head of…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralConcern about the next quarter, tied to expected unit pressure after the iPhone upgrade cycle, could weigh on the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Apple reported EPS of 2.10 dollars versus estimates of 2.00 dollars for the fourth quarter.
  2. 02Revenue came in at 114.48 billion dollars versus estimates of 113.47 billion dollars.
  3. 03D.A. Davidson's Gil Luria expects pressure on unit growth in the next quarter.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Apple Inc.AAPLStock338.32 USDMarket closedtoday -1.83%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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