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Apple Earnings Recap: Revenue Tops Estimates, China Sales Decline
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Apple Earnings Recap: Revenue Tops Estimates, China Sales Decline

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1 min read
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Business Insider

Apple's revenue and EPS exceeded estimates, but iPhone revenue and China sales missed expectations. Tim Cook talked AI and more in an earnings call.

Apple's cash cow, the iPhone, generated $49.02 billion in revenue, slightly missing Wall Street's estimates of $49.33 billion. The stock dipped 3% immediately following the results before ticking up 5% after hours. In a call with analysts, Apple said... [1062 chars]

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Source: Business Insider

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