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

Apple (AAPL) reported Q3 FY2024 earnings of $1.40 per share (versus $1.26 per share in Q3 FY2023), beating analysts’ consensus estimate of $1.34 per share.

The company’s quarterly revenues amounted to $85.777 bln (+4.9% y/y), beating analysts’ consensus estimate of $84.433 bln.

The company also said it expects Q4 FY2024 revenue to grow y/y at a rate similar to Q3 FY2024 versus analysts’ consensus estimate of +4.3% y/y.