Apple’s stock falls on first earnings and revenue miss in years

Feb 2, 2023 · Apple Inc. disappointed investors today as it delivered its fiscal 2023 first-quarter results, missing expectations on revenue, profit and sales for many of its key business lines …

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An Apple Miss - The First One In 7 Years | WRAL TechWire

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Feb 2, 2023 · “The Company posted quarterly revenue of $117.2 billion, down 5 percent year over year, and quarterly earnings per diluted share of $1.88,” a statement from the company reads.. …

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Apple's Earnings Top Analyst Forecasts, But Year-over-year Sales …

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Aug 3, 2023 · That's its longest stretch of falling sales in nearly seven years. Revenue totaled $81.8 billion, down 1% from last year. ... Apple's stock declined 2% in extended trading after …

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Apple Shares Rise 3% As Boost In Services Revenue Overshadows …

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Jan 30, 2025 · Apple's iPhone miss versus LSEG estimates was the biggest for the company in two years, since its first-quarter earnings report in fiscal 2023. ... heads for best day since …

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Apple Earnings: Stock Falls As China Miss Outweighs IPhone …

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Apple came up short on Greater China revenue, which may be weighing on its stock. The company saw its China business largely stabilize, coming in at $15.03 billion versus $15.08 …

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Apple Stock Falls Despite Fiscal Q4 Earnings Beat | Investor's …

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Oct 31, 2024 · Apple Stock Falls After Fiscal Q4 Report. In after-hours trading on the stock market today, Apple stock dropped 1.7% to 222. During the regular session Thursday, Apple stock fell …

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Apple Stock Falls On December-Quarter Miss - Investor's Business …

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Feb 2, 2023 · Apple Stock Drops After Holiday-Quarter Report. In after-hours trading on the stock market today, Apple stock dropped 3.9% to 144.93. During the regular session Thursday, …

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Apple Falls After IPhone Supply-chain Disruption Drives First …

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Oct 29, 2021 · Apple stock fell 4% on Friday after ongoing supply-chain disruptions led to the iPhone maker's first revenue miss since 2018. Semiconductor supply constraints ultimately …

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'Better Than Feared': Apple’s Earnings Beat Appeases Wall Street ...

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6 days ago · Apple on Thursday reported earnings per share of $2.40 on revenue of $124.3 billion — higher than the EPS of $2.35 and revenue of $124.1 billion analysts had anticipated, …

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Stock Futures Fall As Alphabet And AMD Drop After Earnings: Live ...

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2 days ago · Electronic Arts reported earnings of $1.11 per share on revenue, known as net bookings, of $2.22 billion. Analysts polled by LSEG had expected earnings of $3.07 per share …

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Should Apple Investors Worry About Falling IPhone Sales Or Stick …

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In its fiscal Q1, Apple grew its revenue by 4% to $124.3 billion; this came in just ahead of analyst expectations, as compiled by LSEG, of $124.1 billion. Adjusted earnings per share rose 11% to ...

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Apple Earnings: Why The Stock Is Rising; IPhone Sales Slip; AI ...

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Jan 29, 2025 · Apple stock was up in premarket trading after the iPhone maker posted first-quarter earnings results that beat expectations. ... Apple reported earnings of $2.40 a share on …

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Apple Beat Adjusted Profit And Sales Expectations, But Stock Falls

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Apple's stock fell 1.5% in recent after-hour trading, even as the technology behemoth's adjusted profit and revenue topped expectations. Net income fell to $14.74 billion, or 97 cents a share ...

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FAQs about Apple’s stock falls on first earnings and revenue miss in years Coupon?

How did Apple's earnings compare to analysts' expectations?

Apple on Thursday reported earnings per share of $2.40 on revenue of $124.3 billion — higher than the EPS of $2.35 and revenue of $124.1 billion analysts had anticipated, according to Bloomberg consensus estimates. ...

What happened to Apple's earnings in Q1 2022?

Announced on Thursday before the traditional conference call with analysts, Apple's $117.15 billion for the quarter ending December 2022 is a decline from the $123.9 billion reported in Q1 2022, which was a record-setting period. The earnings per share of $1.88 for the quarter is down from the $2.10 seen one year prior. ...

How much did Apple earn in the first quarter?

The Cupertino, Calif.-based company earned $1.88 a share on sales of $117.2 billion in its fiscal first quarter ended Dec. 31. Analysts polled by FactSet had expected earnings of $1.94 a share on sales of $121.4 billion. On a year-over-year basis, Apple earnings fell 10% while sales dropped 5%. ...

How did Apple's past 10 earnings report affect its stock?

Looking at Apple's past 10 earnings reports, the stock saw gains in the respective session immediately following six of them. Together with its current credit-card partner Goldman Sachs, Apple was ordered to pay a fine last week for mishandling Apple Card customers’ disputed transactions and for misleading iPhone customers. ...

What happened to Apple's quarterly revenue?

For context, this is the first year-over-year quarterly drop in revenue for Apple since 2019. It is also classifiable as the largest quarterly drop since September 2016, albeit a claim distorted by comparing the scale of the holiday quarters against a much quieter period. Apple's quarterly revenue and net profit. ...

Why did Apple's share price drop Friday?

Apple ( AAPL) - Get Free Report shares slumped lower Friday after the tech giant posted its first quarterly earnings miss in six years, alongside its first annual revenue decline since 2019, as supply chain snarls in China limited the availability of its high-end iPhones and fading consumer demand dented personal computer sales. ...