Apple EPS $1.40 vs $1.34 expected. Rev $85.75 billion versus the $84.44 billion expected

Apple earnings:

• EPS $1.40 versus $1.34 expected: BEAT
• Revenues $85.78 billion versus 84.44B expected: BEAT

Other details:

• China Revenue: actual $14.73billion (-3% on a constant currency basis) Expected to be $15.2 billion, down 3.1% from $15.7 billion last year. MISS

Overall, iPhone Actual $39.3 billion. Sales are expected to be $38.9 billion, down 1.8% year over year from $39.6 billion.BEAT

• Services Revenue: Actual $24.21 billion. Anticipated to reach $23.9 billion, up from $21.2 billion last year. BEAT
• iPad Sales: Actual $7.16 billion. Expected to be $6.6 billion, up from $5.7 billion last year.: BEAT
• Mac Revenue: Actual $7.01 billion Expected $7.02 billion to grow modestly compared to last year’s decline of 7.3%. MET
• Wearables: actual $8.10 billion. Expected $7.79 billion . BEAT
• Gross margins 46.3% versus 46.1% expected. BEAT

Cash pile $153 billion down from $162.3 billion last quarter

This article was written by Greg Michalowski at www.forexlive.com.