Apple Q4 EPS $1.46 vs $1.39 Est., Sales $89.5B vs $89.284B Est.
Portfolio Pulse from Benzinga Newsdesk
Apple has reported its Q4 earnings per share (EPS) at $1.46, which is higher than the estimated $1.39. The sales were also slightly above the estimate, at $89.5 billion compared to the estimated $89.284 billion.
November 02, 2023 | 8:30 pm
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POSITIVE IMPACT
Apple's Q4 earnings and sales have surpassed estimates, which could positively impact the company's stock in the short term.
Earnings reports are a significant factor in a company's stock performance. Apple's better-than-expected Q4 results could lead to increased investor confidence and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100