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01.11.2024

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

Apple (AAPL) reported Q4 FY2024 earnings of $1.64 per share (versus $1.46 per share in Q4 FY2023), beating analysts’ consensus estimate of $1.60 per share.

The company’s quarterly revenues amounted to $94.930 bln (+6.1% y/y), slightly beating analysts’ consensus estimate of $94.521 bln.

The company also said it expects Q1 FY2025 revenue to grow by low- to mid-single digits y/y versus analysts’ consensus estimate of +6.8% y/y.

AAPL fell to $222.48 (-1.52%) in pre-market trading.

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