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Apple Sells Off Following Q4 Earnings Report

Apple Sells Off Following Q4 Earnings Report
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  • Apple Inc. (NASDAQ: AAPL) reports Q4 earnings of $1.67 per share, $0.02 ahead of the Street’s consensus.
  • Revenue of $46.9 billion, down 8.9 percent year-over-year, is in line with expectations
  • iPhone shipments reported at 45.51 million, versus estimates of 44.6 million.

Related Link: Top Apple Analyst Gene Munster Will Be On Benzinga's PreMarket Prep Tomorrow

  • Apple says it expects Q1 sales of $76 billion to $78 billion, above estimates of $74.98 billion
  • The Board declared a $0.57 per share dividend, in line with the previous one.
  • Shares are down about 2 percent after-hours at $116.
  • Check the full release here.

Posted-In: Earnings News Guidance Dividends After-Hours Center Movers Best of Benzinga


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