AAPL up 4% in pre-market trading despite iPhone revenue falling below 50% mark<div class="feat-image">
</div>
<p><a href="
https://9to5mac.com/guides/aapl/" target="_blank" rel="noopener noreferrer">AAPL[/url] stock is up more than 4% in pre-market trading after the company <a href="
https://9to5mac.com/2019/07/30/aapl-earnings-fy19-q3/" target="_blank" rel="noopener noreferrer">yesterday announced its Q3 results[/url], despite iPhone revenue falling in both cash and percentage terms.</p>
<p>Earnings for fiscal Q3 (calendar Q2) were slightly higher than expected, at $53.8B. This was a little above the midpoint of Apple’s own guidance of $53.5B, and above <a href="
https://9to5mac.com/2019/07/29/aapl-earnings-q3-2019/" target="_blank" rel="noopener noreferrer">analyst expectations[/url] of $53.39B. However, that wasn’t the only reason for the market reaction …</p>
<p> <a href="
https://9to5mac.com/2019/07/31/iphone-revenue-falling/#more-603227" class="more-link">more…[/url]</p>
<p>The post <a rel="nofollow" href="
https://9to5mac.com/2019/07/31/iphone-revenue-falling/">AAPL up 4% in pre-market trading despite iPhone revenue falling below 50% mark[/url] appeared first on <a rel="nofollow" href="
https://9to5mac.com">9to5Mac[/url].</p><div class="feedflare">
<img src="[url]http://feeds.feedburner.com/~ff/9To5Mac-MacAllDay?i=mY4A4mN4px0:Gr_JvStGxNM:D7DqB2pKExk" border="0"></img>[/url]
</div><img src="
http://feeds.feedburner.com/~r/9To5Mac-MacAllDay/~4/mY4A4mN4px0" height="1" width="1" alt=""/>
Source:
AAPL up 4% in pre-market trading despite iPhone revenue falling below 50% mark
