
Sign up to save your podcasts
Or


Apple's fourth-quarter revenue edged past analysts’ estimates despite a surprise sales decline in China, where it’s been struggling to stage a comeback. Total sales rose 7.9% to $102.5 billion in the period, which ended Sept. 27, the company said in a statement Thursday. That slightly beat the $102.2 billion average estimate. The company benefited from stronger-than-expected services growth, helping offset the China slowdown. The Mac and wearables division also performed better than anticipated. Apple shares gained more than 3% in late trading after the results were released. They had been up 8.4% this year through the close.
For more, Bloomberg Businessweek Daily spoke with Jay Goldberg, Senior Analyst, Semiconductors & Electronics with Seaport Research Partners and Mark Gurman, Bloomberg News Managing Editor for Global Consumer Tech.
See omnystudio.com/listener for privacy information.
By Bloomberg3.9
11081,108 ratings
Apple's fourth-quarter revenue edged past analysts’ estimates despite a surprise sales decline in China, where it’s been struggling to stage a comeback. Total sales rose 7.9% to $102.5 billion in the period, which ended Sept. 27, the company said in a statement Thursday. That slightly beat the $102.2 billion average estimate. The company benefited from stronger-than-expected services growth, helping offset the China slowdown. The Mac and wearables division also performed better than anticipated. Apple shares gained more than 3% in late trading after the results were released. They had been up 8.4% this year through the close.
For more, Bloomberg Businessweek Daily spoke with Jay Goldberg, Senior Analyst, Semiconductors & Electronics with Seaport Research Partners and Mark Gurman, Bloomberg News Managing Editor for Global Consumer Tech.
See omnystudio.com/listener for privacy information.

982 Listeners

412 Listeners

2,188 Listeners

1,988 Listeners

434 Listeners

970 Listeners

196 Listeners

188 Listeners

71 Listeners

1,314 Listeners

66 Listeners

77 Listeners

30 Listeners

64 Listeners

4 Listeners

58 Listeners

233 Listeners

231 Listeners

63 Listeners

85 Listeners

85 Listeners

78 Listeners

84 Listeners

402 Listeners

21 Listeners

12 Listeners

8 Listeners

2 Listeners

118 Listeners

24 Listeners