Stories with this tag.
Apple reported fiscal Q4 revenue of $114.48 billion, up 12%, and EPS of $2.10, both above estimates, in its first results under CEO John Ternus. iPhone revenue was $57.58 billion and Mac rose almost 24%. Shares slipped after hours as Apple guided December gross margin to 45-46% on memory costs.
Apple reports fiscal Q4 results after the US close on 2 November, its first under CEO John Ternus. Analysts expect revenue of about $113.4 billion, up 10.7%, and EPS of $1.99, with memory-chip costs pushing gross margin guidance to 47–48%. Services growth could be the slowest in over three years.
Amita Sahani2 min
South Korea's regulator fined Google 42.9 billion won and Apple 20.8 billion won, a combined 63.7 billion won or about 47.6 million dollars, for abusing app market dominance. Third-party payments were allowed but made costly. Both must allow external payment links. Apple disagrees.
Reyaansh Agarawal4 min
