AAPL Earnings: Apple Beats EPS Estimates but Continues to Lag in China - TipRanks.com

Category: Finance

Apple's shares fell in after-hours trading despite beating earnings expectations for Q4 FY 2024, with EPS at $2.40 and revenue at $124.3 billion. iPhone sales were $69.14 billion, but concerns over declining shipments in China persist, with a 25% drop in Q4. Analysts maintain a Moderate Buy rating on AAPL stock, with a price target of $243 per share.

Keywords: Apple, AAPL, earnings report

Source: TipRanks

Update At: 1/31/2025

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