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via finance.yahoo.comBusiness & Companies

Apple beats fourth-quarter revenue expectations in first earnings report under new CEO John Ternus

FROM THE WIRE · FINANCE.YAHOO.COM

Apple Inc. posted stronger-than-expected revenue in the fiscal fourth quarter, giving new CEO John Ternus an upbeat start to his tenure, which began in September. The solid results bucked a downward trend for tech giants this quarter, as companies including Alphabet, Amazon and…

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishA beat by a mega-cap in a weak tech quarter can move the sector and the broader index.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Apple reported revenue of $114.5 billion, up 12% year over year.
  2. 02Earnings per share were $2.10 versus analysts' average estimate of $1.99.
  3. 03Earnings included 5 cents per share from tariff refunds.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Apple Inc.AAPLStock338.32 USDMarket closedtoday -1.83%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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