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Services Lead Apple to Beat Wall Street Estimates
Wednesday May 1, 2019. 03:41 AM , from MacMost
Apple reported $2.46 per share in earnings, beating the $2.37 estimate thanks to a new high of $11.5 billion in services revenue. Overall revenue was $58 billion.
As expected, iPhone revenue continued to dip at $31 billion as compared to $37.6 billion from last year due to weaker international demand. The stock price is up about 5 percent in after-hours trading.
https://macmost.com/services-lead-apple-to-beat-wall-street-estimates.html
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