Apple earnings beat expectations

Jul. 28, 2022 4:31 PM ETApple Inc. (AAPL)By: Gaurav Batavia, SA News Editor182 Comments
  • Apple press release (NASDAQ:AAPL): Q3 GAAP EPS of $1.20 beats by $0.05.
  • Revenue of $82.96B (+1.9% Y/Y) in-line.
  • iPhone and Services drive June quarter record revenue
  • Shares +4%.
  • Products revenue of $63.36B vs. $63.95B in 3Q21.
  • iPhone revenue of $40.67B vs. $39.57B in 3Q21.
  • Mac revenue of $7.38B vs. $8.24B in 3Q21.
  • iPad revenue of $7.22B vs. $7.37B in 3Q21.
  • Wearables, home and accessories of $8.08B vs. $8.8B in 3Q21.
  • Service revenue of $19.6B vs. $17.48B in 3Q21.

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