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!

Most Popular

Stitch Fix (SFIX) Stock: Will the innovative biz model survive virus-led slump?

The business world is still struggling to come out of the virus-induced slowdown, but it seems almost every retail segment benefited from the pandemic at some point. The vaccination drive

General Mills (GIS): Three factors that are expected to help drive growth for the food company going forward

Shares of General Mills Inc. (NYSE: GIS) were up 3.2% on Wednesday after the company delivered better-than-expected results for the first quarter of 2022. Net sales rose 4% year-over-year to

IPO Alert: Allvue Systems sets IPO terms, to raise around $290 million

It is estimated that the alternative investments industry has expanded at a compound annual rate of 10.2% over the past ten years and had $11 trillion in assets under management

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top