Video: Apple Reports Revenue Of $37.4 Billion In Q3, Missing Estimates
By Clip Syndicate
Apple's third quarter profits beat Wall Street estimates, but sales came in a bit short. Apple reported earnings of $1.28 per share on revenue of $37.4 billion for the June quarter, beating Wall Street estimates for earnings of $1.23 per share but missing on revenue of $37.99 billion. The company sold 35.2 million iPhones during the quarter, up from 31.2 million the same quarter a year earlier and roughly matching analyst estimates.