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The Marked Chart Wire · Business
Apple
Apple's CFO projects a gross margin of 45 to 46 percent for the first fiscal quarter, citing memory chip and AI costs. The company also expects services revenue to rise 8 to 9 percent and reported buying back $24 billion in shares last quarter.
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HotApple
Shares fell after the company projected 7% to 10% sales expansion for the December quarter, even though fourth-quarter revenue climbed 12% to $114.5 billion. China figures also came in below estimates.
Apple
Apple's chief financial officer stated that the company anticipates continued increases in the cost of memory components.
Apple
Analysts estimate Apple's first quarter revenue will increase between 7 and 10 percent, compared to a consensus forecast of 6.1 percent growth.
HotApple
Apple reported fourth-quarter earnings of $2.10 per share, above the $1.99 estimate, helped by a $0.05 tariff refund. Revenue reached $114.48 billion, surpassing the $113.39 billion forecast, with iPhone sales at $57.58 billion.
Apple
Apple posted fourth-quarter net sales of $114.48 billion and earnings per share of $2.10, both above analyst estimates. iPhone sales reached $57.58 billion for the period.
HotApple
Apple reported fourth-quarter earnings of $2.10 per share, exceeding the $2.00 estimate. Total revenue reached $114.48 billion, while Greater China sales of $17.54 billion fell short of the $18.75 billion forecast.
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