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Tech Majors Amazon and Apple Miss on Results

Tech Majors Amazon and Apple Miss on Results

Apple reported revenues of $83.4bn in Q4, missing estimates of $84.7bn. While revenues grew 29% from the same period last year, that quarter did not include a new iPhone. iPhone revenues were up 47% YoY to $38.9bn, but missed expectations of $41.5bn. Mac revenues were...
Apple Crushes Estimates with 54% Jump in Revenues

Apple Crushes Estimates with 54% Jump in Revenues

Apple reported a strong Q1 with a 54% jump YoY in revenues to $89.6bn, a new March quarter record. Net income more than doubled to $23.6bn. The tech major reported double-digit growth in every product category, with the iPhone category up 66% to $47.9bn, Mac up 70% to...
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