Oct 25, 2016
Apple Inc sold more iPhones than Wall Street had expected in the latest quarter, and the company forecast higher-than-expected revenue for the critical holiday-shopping season.Proceed to the page: http://linkis.com/w9IPF
Apple Inc sold more iPhones than Wall Street had expected in the latest quarter, and the company forecast higher-than-expected revenue for the critical holiday-shopping season.
Apple's smaller-screen iPhone SE sold more than analysts expected in the latest quarter, helping the company beat earnings estimates even though revenues declined and profits fell by 27% from a year ago. Apple shipped 40.4 million iPhones, a 15% drop, during the quarter.
Apple says it sold 45.5 million iPhones in the last quarter, 5 percent fewer than it sold a year earlier. But the giant tech company's rosy forecast for the holidays was better than what Wall Street had been expecting. Apple reported Tuesday that its revenue declined 9 percent to $46.8...
Apple Inc. reported revenue that fell less than projected and forecast fourth-quarter sales that may exceed analysts’ estimates, bolstered as iPhone demand picks up and consumers warm to the company’s new low-priced smartphone model.
The company beat estimates of third-quarter revenue sales
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