TMTB: AAPL SQ MCHP TWLO First takes
AAPL: Looks solid with better revs/eps driven by better iPhone/services but China misses. Guide on the call.
Q3 Results:
- Revenue $85.78B, +4.9% y/y, EST $84.46B
- Products revenue $61.56B, +1.6% y/y, EST $60.63B
- IPhone revenue $39.30B, -0.9% y/y, EST $38.95B
- Mac revenue $7.01B, +2.5% y/y, EST $6.98B
- IPad revenue $7.16B, +24% y/y, EST $6.63B
- Wearables, home and accessories $8.10B, -2.3% y/y, EST $7.79B
- Service revenue $24.21B, +14% y/y, EST $23.96B
- Greater China rev. $14.73B, -6.5% y/y, EST $15.26B
- EPS $1.40 vs. $1.26 y/y, EST $1.35
- Total operating expenses $14.33B, +6.8% y/y, EST $14.39B
- Gross profit $39.68B, +9% y/y, EST $39.06B
- Cash and cash equivalents $25.57B, EST $28.98B
- Cost of sales $46.10B, +1.6% y/y, EST $45.43B
- Total current assets $125.44B, EST $124.01B
- Total current liabilities $131.62B, EST $121.5B
Keep reading with a 7-day free trial
Subscribe to TMT Breakout to keep reading this post and get 7 days of free access to the full post archives.