As far as Apple’s earnings are concerned, the June quarter isn’t necessarily exciting in and of itself. After all, the quarter doesn’t encapsulate the always-busy holiday shopping season or the back-to-school rush where students shell out cash for new iPads and Macs. Still, as one of the more valuable companies on the planet, the vibrancy of Apple’s business over the past 3 months can often telegraph whether Apple seems to be gaining steam or losing traction in the market place.
All that said, Apple today released its earnings report for the recent quarter and posted revenue of $53.8 billion and EPS of $2.18. In contrast, Apple during the same quarter a year-ago posted revenue of $53.2 billion and EPS of $2.34. Analysts on Wall Street, meanwhile, were anticipating revenue to fall in the $53 billion range and EPS of about $2.10
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Apple posts Q3 earnings: Revenue hits $53.8 billion originally appeared on BGR.com on Tue, 30 Jul 2019 at 16:33:03 EDT. Please see our terms for use of feeds.
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