Apple misses on iPhone revenue, sees 11% drop in China sales
Apple CEO Tim Cook attends the China Development Forum in Beijing on March 24, 2024.Pedro Pardo | Afp | Getty ImagesApple's overall revenue rose by 4% in its first fiscal quarter, but it missed on Wall Street's iPhone sales expectations and saw sales in China decline 11.1%, the company reported on Thursday. Shares were flat in extended trading. Here's how Apple did versus LSEG consensus estimates for the quarter ending Dec. 28. Earnings per share: $2.40 vs. $2.35 estimated Revenue: $124.30 billi...
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