Categories AlphaGraphs, Consumer, LATEST, Technology
Apple (AAPL) Q4 revenue and earnings beat Street view; iPhone sales up 10%
Apple Inc. (NASDAQ: AAPL) on Thursday said its fourth-quarter 2022 profit increased from last year, aided by higher sales. Earnings also topped the market’s expectations.
Net sales of the Cupertino-based gadget giant rose 8% year-over-year to $90.14 billion in the fourth quarter when sales of iPhone grew by 10%. The top line beat the consensus estimates.
In the September quarter, net profit moved up to $20.72 billion or $1.29 per share from $20.55 billion or $1.24 per share in the corresponding period of 2021. The latest number is above Wall Street’s expectations.
Check this space to read management/analysts’ comments on Apple’s Q4 2022 results
Apple’s stock has lost about 16% since the beginning of the year. It closed Thursday’s session lower and lost further in the after-hours following the earnings announcement.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Key highlights from Deere & Co.’s (DE) Q4 2024 earnings results
Deere & Company (NYSE: DE) reported its fourth quarter 2024 earnings results today. Worldwide net sales and revenues decreased 28% year-over-year to $11.14 billion. Net income was $1.24 billion, or
NVDA Earnings: Nvidia Q3 profit jumps, beats estimates
NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a sharp increase in adjusted profit and revenue for the third quarter of 2025. Earnings also topped analysts' estimates. The tech firm’s revenues
Lowe’s Companies (LOW): A few points to note about the Q3 2024 performance
Shares of Lowe’s Companies, Inc. (NYSE: LOW) rose over 1% on Wednesday. The stock has gained 8% over the past three months. The company delivered better-than-expected earnings results for the
