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Title: Apple’s Q4 report shows increased revenues, but stocks fall following disappointing guidance Post by: HCK on November 06, 2018, 04:05:13 pm Apple’s Q4 report shows increased revenues, but stocks fall following disappointing guidance
<article> <section class="page"> <p>Apple on Thursday <a href="https://www.apple.com/newsroom/2018/11/apple-reports-fourth-quarter-results/" rel="nofollow">released its earnings report[/url] for the fourth quarter ending on September 30. Overall revenue reached $62.9 billion, marking a 20 percent boost from the year-ago quarter, and quarterly earnings per diluted share amounted to $2.41, marking a 41 percent increase.</p><p>International sales played a big role in this success story, as they were responsible for 61 percent of Apple’s revenue. This was a led by a 34 percent increase in revenue from Japan and by a 22 percent increase from the rest of east Asia.</p><p>While there was plenty of good news, Apple stock fell by 7.3 percent in after-hours trading. That’s enough to bring it below its famous $1 trillion valuation, particularly if it stays that way through the night.</p><p class="jumpTag"><a href="/article/3318224/apple/apple-q4-quarterly-earnings-report-2018.html#jump">To read this article in full, please click here[/url]</p></section></article> Source: Apple’s Q4 report shows increased revenues, but stocks fall following disappointing guidance (https://www.macworld.com/article/3318224/apple/apple-q4-quarterly-earnings-report-2018.html#tk.rss_all) |