Company news: Apple (AAPL) quarterly results beat analysts’ estimates

Apple (AAPL) reported Q2 FY2024 earnings of $1.53 per share (versus $1.52 per share in Q2 FY2023), beating analysts’ consensus estimate of $1.51 per share.

The company’s quarterly revenues amounted to $90.753 bln (-4.3% y/y), beating analysts’ consensus estimate of $90.366 bln.

The company also said it sees the Q3 FY2024 total revenues up low single digits y/y versus analysts’ consensus estimate of 1.4% y/y growth.

AAPL rose to $183.30 (+5.94%) in pre-market trading.