US Stocks Move: Apple Rises Over 3% After Hours, Q1 Revenue Exceeds Expectations
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Gelonghui, January 30|Apple shares rose more than 3% after hours. Apple's first fiscal quarter revenue was $143.76 billion, up 16% year-on-year, with an estimate of $138.4 billion; first fiscal quarter iPhone revenue was $85.27 billion, up 23% year-on-year, with an estimate of $78.31 billion; first fiscal quarter Mac revenue was $8.39 billion, down 6.7% year-on-year, with an estimate of $9.13 billion; first fiscal quarter iPad revenue was $8.60 billion, up 6.3% year-on-year, with an estimate of $8.18 billion; first fiscal quarter wearables, home and accessories revenue was $11.49 billion, down 2.2% year-on-year, with an estimate of $12.13 billion; first fiscal quarter Greater China revenue was $25.53 billion, up 38% year-on-year, with an estimate of $21.82 billion; first fiscal quarter earnings per share were $2.84, compared to $2.40 in the same period last year, with an estimate of $2.68; first fiscal quarter cash and cash equivalents were $45.32 billion, up 50% year-on-year, with an estimate of $49.73 billion.
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