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It seems like people are looking for around 75 billion in revenue and a buck a share in profit. As with the present market, how the narrative gets spun to push the price up or down after earnings is beyond me. People always try to take some clues from the CC since we haven’t seen guidance recently because of COVID. PED has an article this morning with the numbers from the independent Apple Analyst that has reported the highest numbers for the quarter, Neil Cybert. It would be nice if Apple could hit those numbers.
Driven by better-than-expected iPhone sales, total revenue hit $81.43 billion, which was above analyst expectations of $73.30 billion, according to IBES data from Refinitiv. Earnings were $1.30 per share, above estimates of $1.01 per share, according to Refinitiv.