Apple (AAPL) reported revenue of $102.47 billion for the quarter, up 7.9% from last year, with an EPS of $1.85 compared to $1.64 in the previous year. The revenue beat the Zacks Consensus Estimate by +1.25%, while EPS surpassed estimates by +6.94%.
Key metrics for Apple’s performance in Q4 include revenue from different regions and sales categories. Europe saw a +15.2% change, while Greater China experienced a -3.6% change. Sales for Wearables, Home, and Accessories were $9.01 billion, and iPhone sales were $49.03 billion.
Apple’s stock has returned +5.6% in the past month, outperforming the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), the stock is expected to perform in line with the broader market. Zacks’ Research Chief picks a stock with potential to at least double, offering unique investment opportunities.
Read more at Nasdaq: Apple (AAPL) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
