Apple (AAPL) Surpasses Q1 Earnings and Revenue Estimates

Category: Finance

Apple reported quarterly earnings of $2.40 per share, exceeding estimates and showing a year-over-year increase. The company also posted revenues of $124.3 billion, surpassing expectations. Despite these results, Apple shares have underperformed the market this year, and the earnings outlook remains unfavorable, leading to a Zacks Rank #4 (Sell).

Keywords: Apple, earnings report, stock performance

Source: Yahoo News

Update At: 1/31/2025

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