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.
Subhash Gupta5 min
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
Intel shares fell 28.6% on Friday, 30 October, erasing about $120 billion in market value, after it forecast fourth-quarter revenue of about $15.5 billion against $17 billion expected. Amazon missed estimates too. The Nasdaq fell 2.86%, its worst day since June, and chips dropped 7.2%.
Amita Sahani4 min
Maruti Suzuki's consolidated net profit fell 26.4% to Rs 2,466 crore in the September quarter as higher commodity costs tied to the West Asia conflict and weaker non-operating income outweighed a 26% rise in revenue. Sales were a record 6,96,654 vehicles; the EBITDA margin was 9.4%.
Prateek Rawat4 min
Larsen & Toubro's consolidated net profit rose 33% to Rs 5,202 crore in the September quarter, with revenue up 16% to Rs 78,750 crore. Order intake rose 28% to Rs 1,47,665 crore, 63% of it international, taking the order book to Rs 8.54 lakh crore. EBITDA margin fell to 8.6%.
Subhash Gupta4 min
