Apple’s latest AI-infused iPhones have beaten analyst sales expectations for the quarter, pushing the tech player’s earnings past Wall Street estimates.
Apple Inc’s artificial intelligence-enhanced iPhones have pushed its latest earnings past Wall Street’s expectations, but a muted outlook for this quarter dampened its share price after the bell.
Apple’s fourth-quarter 2024 results on Oct. 31 reported revenues hit $94.93 billion, up 6.1% from last year and just beating analyst estimates of $94.56 billion.
Its earnings per share came in at $1.64, up from $1.46 in the year-ago quarter and 10% greater than Wall Street’s estimate of $1.49.
