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via finance.yahoo.comBusiness & Companies

Apple sales slow down, China revenue misses estimates

FROM THE WIRE · FINANCE.YAHOO.COM

Apple says sales slowed down in the fiscal fourth quarter, but still beat estimates. Revenue out of China missed estimates. This is the first earnings report posted under CEO John Ternus. Bloomberg's Ed Ludlow and Mark Gurman report. Video Transcript 00:00 Speaker A Yeah, let's…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralTotal revenue beat expectations but China missed, so the picture for the stock is mixed.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Apple posted fiscal Q4 revenue of 114.48 billion, above the 113.47 billion expected.
  2. 02iPhone revenue was 57.58 billion versus 56.49 billion expected.
  3. 03Revenue out of China missed estimates.
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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