TMTB: AAPL First Take

AAPL -2% Looks ok with a slight rev beat and eps beat

China missed slightly at $15B vs street at $15.8B while iPhone beat at $46.2B vs street at $45B. Services miss at $25B v street at $25.27B. EPS 5c ahead. Guide comes on the call

25c special dividend

AAPL RESULTS: Q4
- Revenue $94.93B, +6.1% y/y, EST $94.36B
- Products revenue $69.96B, +4.1% y/y, EST $69.15B
- IPhone revenue $46.22B, +5.5% y/y, EST $45.04B
- Mac revenue $7.74B, +1.7% y/y, EST $7.74B
- IPad revenue $6.95B, +7.9% y/y, EST $7.07B
- Wearables, home and accessories $9.04B, -3% y/y, EST $9.17B
- Service revenue $24.97B, +12% y/y, EST $25.27B
- Greater China rev. $15.03B, -0.3% y/y, EST $15.8B
- EPS $1.64 vs. $1.59 y/y
- Total operating expenses $14.29B, +6.2% y/y, EST $14.35B
- Gross margin $43.88B, +8.5% y/y, EST $43.46B
- Cash and cash equivalents $29.94B vs. $29.97B y/y, EST $26.04B
- Cost of sales $51.05B, +4% y/y, EST $50.81B
- Total current assets $152.99B, +6.6% y/y, EST $145.08B
- Total current liabilities $176.39B, +21% y/y, EST …