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Apple's fourth-quarter revenue was $114.48 billion, exceeding market expectations.

BlockBeats news, November 3 - Apple's fourth fiscal quarter revenue was $114.48 billion, up 12% year-over-year, estimated at $113.47 billion; iPhone revenue was $57.58 billion, up 17% year-over-year, estimated at $56.49 billion; Mac revenue was $10.79 billion, up 24% year-over-year, estimated at $9.7 billion; iPad revenue was $6.23 billion, down 10% year-over-year, estimated at $6.89 billion; Wearables, Home and Accessories revenue was $8.30 billion, -7.9% year-over-year, estimated at $9 billion; Services revenue was $31.57 billion, up 9.8% year-over-year, estimated at $31.58 billion; Greater China revenue was $17.54 billion, up 21% year-over-year, estimated at $18.75 billion; Europe revenue was $32.01 billion, up 12% year-over-year, estimated at $30.21 billion; Earnings per share were $2.10, compared to $1.85 in the prior year period, estimated at $2.00; Cash and cash equivalents were $36.31 billion, up 1% year-over-year, estimated at $46.79 billion.


Apple's CFO stated that total company revenue is expected to grow 7% to 10% in the first fiscal quarter. According to data from the BIT stock platform, Apple closed down 1.83% and fell another 2.5% after hours.

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