AAPL highlights (part 2):
- Strong growth in US & Europe, offset by misses in China and Japan
- China growth slowes | Hanami
AAPL highlights (part 2):
- Strong growth in US & Europe, offset by misses in China and Japan
- China growth slowest in the past year
- Services Revenue growth below 10% for the first time in 3 years.
- Notable drop in buybacks despite surge in FCF: AAPL stockpiling cash
Quoted @zerohedge: AAPL highlights:
Strong iPhone sales (although growth slowing), offset by misses in Ipad and Wearables
Product gross margin sliding to 1 year low, offset by strong Services margin(Historical earnings: For 2026Q3 (period ended 2026-06-27), Apple reported basic EPS of 6.91, diluted EPS of 6.88, net income of USD 101.464 billion, and revenue of USD 364.357 billion; prior-year 2026Q3 basic EPS was 5.64.
Consensus expectations: For the next upcoming period 2026Q4 (event date 2026-11-02), consensus expects EPS of 1.9782 and revenue of USD 113.357 billion.)