Apple Smashes Earnings... Again!

[Rick-o]

Here are the most important numbers from the report compared to what analysts were expecting from the company as compiled by Bloomberg.

Revenue: $123.95 billion versus $119.05 billion expected.

Earnings per share: $2.10 versus $1.90 per share expected.

iPhone: $71.6 billion versus $67.7 billion expected1.

iPad: $7.2 billion versus $8.1 billion expected.

Mac: $10.8 billion versus $9.5 billion expected.

Wearables: $14.7 billion versus $14.1 billion expected.

Services: $19.5 billion versus $18.6 billion expected.

Currently up 3.22% after hours.

https://finance.yahoo.com/news/apple-q1-...49460.html

[Paul F.]

Looks like the iPad team has some 'splaining to do!

[Acer]

IPAD BELEAGUERED!

[graylocks]

Acer wrote:
IPAD BELEAGUERED!

DOOMED!

[Article Accelerator]

Sales of $1.38 billion/day for the quarter. Sheesh…

[ztirffritz]

Tesla had similar blowout earnings...yet they tanked about 25% since 1/3/22, 10% today alone. It reminded me of Apple back in the day...ah....the memories. So I bought 2 more shares. That makes 5 this week. I need help.

[Carnos Jax]

Hopefully Apple can buoy the tech sector (Nasdaq).

[pdq]

ztirffritz wrote:
Tesla had similar blowout earnings...yet they tanked about 25% since 1/3/22, 10% today alone.

Yeah, I didn't have any money riding on earnings today, but before I looked I said to myself, "Apple beats, down after hours".

It's actually up 1% AH as I type this, but it'll prolly be down tomorrow.

:dunno:

[ztirffritz]

currently up 4.5% AH

[freeradical]

With interest rates going up, earnings are important...