Categories AlphaGraphs, Earnings, Technology

Infographic: Apple (AAPL) Q4 earnings beat; stock falls on weak iPhone sales

Gadget giant Apple Inc. (NASDAQ: AAPL) Thursday said the sales of iPhone decreased in the fourth quarter, restricting total sales growth to just 1%. However, the results topped the market’s expectations.

Apple Q4 2020 Earnings Infographic

Sales of iPhone, the company’s flagship product, decreased 21% from last year to $26.4 billion in the Septemberer-quarter. At $64.69 billion, total revenue was up 1%, which also came in above the estimates.

iPhone quarterly revenue change

The tech firm recorded net income of $12.67 billion or $0.73 per share during the three-month period, compared to $13.69 billion or $0.76 per share last year. It was better than the outcome analysts’ had predicted.


Read management/analysts’ comments on Apple’s Q4 results


Apple’s stock has set new records consistently in the past, and the value increased 56% this year alone. The stock declined on Thursday evening, soon after the earnings announcement.

  • apple Q2 2020 earnings
  • Apple Q4 2019 Earnings Infographic
  • Apple (NASDAQ: AAPL) reported yet another quarter of disappointing product sales as it announced third-quarter earnings results on Tuesday.

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

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