"Analyzing Apple's Earnings: Beyond iPhone Sales, Key Metrics to Watch"

1 min read
Source: MarketWatch
"Analyzing Apple's Earnings: Beyond iPhone Sales, Key Metrics to Watch"
Photo: MarketWatch
TL;DR Summary

Apple's revenue grew by 2% in the holiday quarter, driven by better-than-expected iPhone sales, but the stock fell nearly 2% in extended trading due to a sharp miss on revenue from Greater China. The company generated $119.6 billion in revenue, with a significant increase in iPhone sales, but a decline in sales from Greater China. Despite posting a sizable earnings beat, the company's Mac and iPad businesses fell slightly short of expectations, while wearables, home, and accessories revenue exceeded estimates. Services revenue also saw a jump, and Americas sales increased.

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