Apple holiday results top estimates on rebounding iPhone demand

//Apple holiday results top estimates on rebounding iPhone demand

Apple holiday results top estimates on rebounding iPhone demand

Apple reported holiday-quarter revenue that beat Wall Street expectations on rebounding iPhone demand and surging sales of wearable devices. The results marked a remarkable comeback from a year ago, when the most valuable technology company missed its own targets.A sales forecast for the current quarter also exceeded analysts’ projections, sending Apple shares up more than 2 per cent in extended trading.The Cupertino, California-based company reported US$91.8 billion in revenue for its fiscal…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2020-01-28T23:00:27+00:00 January 28th, 2020|Technology|Comments Off on Apple holiday results top estimates on rebounding iPhone demand