Apple Mac Revenue Beats, iPad and China Sales Miss Estimates
Apple reported Mac revenue of $10.35 billion, above the $8.62 billion estimate, while iPad revenue of $6.19 billion fell short of the $6.89 billion forecast. Greater China revenue also missed expectations at $18.82 billion versus $19.58 billion.
AAPL
Apple Inc. reported mixed results in its latest quarter.
Mac revenue surged to $10.35 billion, well above the consensus estimate of $8.62 billion. iPad revenue, however, fell short at $6.19 billion compared to the $6.89 billion forecast.
Greater China sales also disappointed, coming in at $18.82 billion versus the expected $19.58 billion.
Source: First Squawk