Search

2 results for “Apple earnings”

Apple Beats Street but Guides Margins Lower

Apple beat quarterly estimates with record $114.48 billion revenue but shares fell as December-quarter margin guidance of 45-46 percent flagged rising memory costs and slower services growth.

Kwame Mensah4 hrs ago0 min read

Markets

Dow Leads Wall Street as Tech Rotation Deepens

US stocks closed mixed as rotation out of technology ran on, Brent crude slid 7.6 percent on Middle East talks and Apple shares fell after weak guidance.

Adaeze Okonkwo4 hrs ago0 min read