Company Earnings Update 4 minutesRegister for Free AccessApple (AAPL) Fiscal 4Q17 Results: Beats Estimates, Meets Guidance as the iPhone 8 and iPhone X Begin Shipping Coresight Research November 3, 2017 Executive Summary Apple reported fiscal 4Q17 EPS of $2.07, up 23.7% year over year and beating the consensus estimate of $1.87. Revenues were $52.6 billion, up 12.2% year over year and beating the $50.7 billion consensus estimate. The company sold 46.7 million iPhones in the quarter, above the consensus estimate of 46.4 million units. iPad units sold increased by 11% and Mac units sold increased by 10% year over year. Service revenue was $8.5 billion, up 34% year over year. Apple guided for fiscal 1Q18 revenues of $84–$87 billion, in line with the consensus estimate of $85.2 billion. The margin and expense ranges the company provided result in an EPS range of $3.56–$3.80, in line with the consensus estimate of $3.75. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: US CPG Sales Tracker: Nonfood CPG Rebounds, with E-Commerce and In-Store Growth AcceleratingGenerative AI Latest: Strong Potential for Language and Code Translation; Global Telco AI Alliance Fosters AI CollaborationUS Consumer Tracker: Focus on Financial Position and SecurityUS Consumer Tracker Extra: Which Consumers Are Trading Down To Combat Inflation?
