AAPL inventory is up greater than four% in pre-market buying and selling after the corporate yesterday introduced its Q3 outcomes, regardless of iPhone income falling in each money and share phrases.

Earnings for fiscal Q3 (calendar Q2) have been barely increased than anticipated, at $53.8B. This was a bit above the midpoint of Apple’s personal steering of $53.5B, and above analyst expectations of $53.39B. However, that wasn’t the one cause for the market response …

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The publish AAPL up four% in pre-market buying and selling regardless of iPhone income falling beneath 50% mark appeared first on 9to5Mac.

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