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- Company news: Apple (AAPL) quarterly results miss analysts' expectations
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03.02.2023
Company news: Apple (AAPL) quarterly results miss analysts' expectations
Apple (AAPL) reported Q1 FY2023 earnings of $1.88 per share (versus $2.10 per share in Q1 FY2022), missing analysts’ consensus estimate of $1.95 per share.
The company’s quarterly revenues amounted to $117.154 bln (-5.5% y/y), missing analysts’ consensus estimate of $121.669 bln.
The company also said it expects the Q2 FY 2023 y/y revenue performance to be similar to that in Q1 FY 2023.
AAPL fell to $145.60 (-3.46%) in pre-market trading.
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