Apple Q1 Earnings Beat Estimates As Cupertino Snaps 4-Quarter Revenue Decline Streak; Stock Slides On China Weakness (UPDATED)
From NASDAQ:
Apple, Inc. reported first-quarter earnings and revenue that beat expectations, ending a four-quarter revenue decline. The company saw increases in revenue and earnings per share, with record Services revenue and iPhone revenue. China was the only region where sales fell. Despite a strong performance, the stock slid in after-hours trading. The average analyst price target for Apple is $206.49.
Read more: Apple Q1 Earnings Beat Estimates As Cupertino Snaps 4-Quarter Revenue Decline Streak; Stock Slides On China Weakness (UPDATED)