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Services, Subscriptions And Apple Pay Drive Apple Earnings

August 01, 2018
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Services, Subscriptions And Apple Pay Drive Apple Earnings

August 01, 2018
Apple’s quarterly revenue came in at $53 billion, a 17 percent year-on-year increase — with earnings per share at $2.34, a 40 percent year-on-year pickup. Analysts surveyed by FactSet had been projecting $2.16 in EPS and $52.3 billion in revenue, so Apple managed to beat on both counts. As always, iPhones sales represented the lion’s […]